Activist investor Elliott Management said on Friday it has invested more than $1.5 billion in Aspen Technology, opposing the company's decision to accept Emerson Electric's $7.2 billion tender offer.
EmersonElectric (EMR) has agreed to acquire the remaining 43% of AspenTechnology (AZPN) it does not already own, in a $7.2 billion deal announced Monday. The transaction values Aspen’s ...
EmersonElectric EMR-1.32%decrease; red down pointing triangle has agreed to acquire the remaining stock of AspenTechnology AZPN 0.16%increase; green up pointing triangle valuing the software ...