Zacks.com on MSN17d
Emerson Acquires Remaining Stake in AspenTech to Boost Portfolio
Emerson Electric Co. EMR recently announced that it has signed an agreement to acquire the outstanding shares of Aspen Technology, Inc. AZPN (AspenTech) for $7.2 billion. It is worth noting that EMR ...
Morningstar10d
AspenTech Earnings: Good Results Overall as Emerson Takeover Looms
We are raising our fair value estimate to $265 per share from $240 previously for wide-moat AspenTech after the firm reported strong second-quarter results. Our fair value reflects the acquisition ...