Here are today's five things you need to know, including more cannabis business shutdowns, a Beanpot winner, Aspentech's merger troubles, and the tyranny of the penny, part 2 ...

Emerson (NYSE: EMR) today reported results1 for its first quarter ended December 31, 2024 and updated its full year outlook ...

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Emerson, with an existing ownership of approximately 57.4% of AspenTech’s outstanding shares, will make a tender offer to purchase the remaining issued and outstanding shares of common stock of ...

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The companies announced Monday that Emerson Electric will buy the remaining shares of AspenTech for $265 per share in an all-cash offer, valuing the minority stake being acquired at $7.2 billion.

The news sent AspenTech shares to a record high. Software maker Aspen Technology (AZPN) shares hit an all-time high Monday when technology and software provider Emerson Electric (EMR) said it ...

The transaction was unanimously recommended for approval by a special committee of the AspenTech Board of Directors composed of three independent and disinterested directors (the "Special Committee"), ...

AspenTech rose 3.3% to $263.59 at 12:19 p.m. in New York trading Monday, giving the Bedford, Massachusetts-based company a market value of about $17.3 billion. Emerson fell 1.6% to $128.52 ...

Next: Access Our New, Shockingly Simple 'Alert System' Emerson will make a tender offer to acquire all outstanding shares of AspenTech that it does not own, valuing the minority stake at $7.2 ...

(Reuters) -U.S. industrial company Emerson Electric agreed to pay $7.2 billion to buy the remaining shares in software supplier AspenTech that it does not already own, the companies said on Monday.