Emerson Electric Co. ( EMR, Financials) reiterated its commitment to acquiring Aspen Technology ( AZPN, Financials) through a $265-per-share all-cash tender offer, emphasizing that the price ...
Shares of Aspen Technology fell Monday after Emerson Electric said its offer price of $265 per share is its best and final. This came after activist investor Elliott Management said last week that it ...
Loop Capital upgraded Aspen Technology (AZPN, Financials) to a buy rating, citing expectations of a higher takeover bid from ...
Emerson stated that the tender offer provides AspenTech minority stockholders the opportunity to tender their shares at a compelling and certain value of $265 per share in cash. This price was ...
The announcement comes days after activist investor Elliott Management said it invested over $1.5 billion in Aspen, opposing ...
Shares of Aspen Technology Inc (AZPN) traded over 2% lower in Monday’s pre-market session after Emerson Electric Co (EMR) ...
Compelling and certain value of $265 per share in cash, unanimously recommended by the independent AspenTech Special Committee, represents Emerson's best and final ...
Emerson Electric's $265 per share tender offer for Aspen Technology is labeled as its best and final price despite criticism ...
Merger-arbitrage traders are piling into bets that the emergence of Elliott Investment Management as an investor in Aspen ...
Elliott Investment Management L.P., Friday opposed Aspen Technology, Inc.'s (AZPN) agreement with Emerson Electric Co. (EMR) and said ...
Activist investor Elliott Management said on Friday it has invested more than $1.5 billion in Aspen Technology, opposing the company's decision to accept Emerson Electric's $7.2 billion tender offer.
Elliott Investment Management L.P. ("Elliott"), which manages funds that together have an investment of more than $1.5 billion in Aspen Technology ...