Shares of Aspen Technology fell Monday after Emerson Electric said its offer price of $265 per share is its best and final. This came after activist investor Elliott Management said last week that it ...
Loop Capital upgraded Aspen Technology (AZPN, Financials) to a buy rating, citing expectations of a higher takeover bid from ...
Emerson stated that 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. This price was ...
Global technology giant Emerson reaffirmed its $7.2 billion offer to acquire the remaining shares of AspenTech, stating ...
Shares of Aspen Technology Inc (AZPN) traded over 2% lower in Monday’s pre-market session after Emerson Electric Co (EMR) said the $265 per share price for acquiring all outstanding shares of Aspen's ...
Emerson today acknowledged the public statement released by Elliott Investment Management L.P. on February 7, 2025 regarding the tender offer under which Emerson will acquire all outstanding shares of ...
Emerson Electric's $265 per share tender offer for Aspen Technology is labeled as its best and final price despite criticism ...
Merger-arbitrage traders are piling into bets that the emergence of Elliott Investment Management as an investor in Aspen ...
Activist investor Elliott Investment Management said on Friday it doesn’t agree with the price offered by Emerson Electric to ...
Elliott Investment Management L.P. ("Elliott"), which manages funds that together have an investment of more than $1.5 billion in Aspen Technology ...
Elliott argues that Emerson's per-share offer of $265 for Aspen undervalues the company, adding that it will not tender its ...
Elliott Investment Management, which manages funds that together have an investment of more than $1.5B in Aspen Technology (AZPN), issued the ...