Late last week, hedge fund Elliott Investment Management L.P. released a statement disclosing it was the largest minority ...

Emerson issued the following statement: 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.

First announced on Jan. 27, the tender offer results from months of talks with AspenTech's independent Special Committee. Emerson said the offer will not be raised and that March 10 is the ...

By January 2025, the company has reached agreement to acquire the remaining shares in AspenTech, although this came at a premium. This, combined with a solid performance of the shares, as well as ...

AspenTech is an industry leader in asset optimization software, providing solutions that enable industrial users to design, operate, and maintain their manufacturing processes for maximum ...

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 ...

The company said $265 per share price is Emerson's best and final price which was actively negotiated over a period of almost three months between Emerson and the AspenTech Special Committee.

Compelling and certain value of $265 per share in cash, unanimously recommended by the independent AspenTech Special Committee, represents Emerson's best and final price ST. LOUIS, Feb. 10 ...

Emerson issued a statement that included: “The tender offer provides AspenTech minority stockholders the opportunity to tender their shares at a compelling and certain value of $265 per share in ...

The move comes as the company looks to transform from an old-school industrial company to a technology-forward firm focused on automation.

ST. LOUIS and BEDFORD, Mass., Jan. 27, 2025 /PRNewswire/ -- Emerson (NYSE: EMR) and Aspen Technology, Inc. (NASDAQ: AZPN) ("AspenTech") today announced that they have reached an agreement under ...