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

Hedge fund Elliott Investment Management, the largest minority owner of AspenTech, said it opposes St. Louis-based Emerson's ...

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.

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

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 ...

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 ...

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 ...

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 ...

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 ...

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.

Emerson will acquire all outstanding shares of common stock of AspenTech not already owned by Emerson for $265/share pursuant to an all-cash tender offer. The transaction values the minority stake ...

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