AspenTech stock jumped from $265 to $277 Friday after Emerson's statement came out, but fell on Monday after Emerson's response. As of 2:15 p.m. Monday, the share price was about $267.
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.
Global automation and engineering giant Emerson (NYSE: EMR) has agreed to complete its takeover of industrial software solutions provider AspenTech (NASDAQ: AZPN), by buying the shares it doesn't ...
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 ...
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.
Jan 27 (Reuters) - U.S. industrial company Emerson Electric (EMR.N), opens new tab agreed to pay $7.2 billion to buy the remaining shares in software supplier AspenTech (AZPN.O), opens new tab ...
Emerson Electric to acquire AspenTech for $265/share in a $7.2B all-cash deal, pending H1 2025 close. AspenTech to become a wholly owned Emerson subsidiary; shares to be delisted post-transaction.
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 ...
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.
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