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Elliott builds $1.5 billion stake in Aspen
Elliott builds $1.5 billion stake in Aspen, opposes Emerson deal
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.
Elliott Disagrees With Emerson's Offer For Aspen, Says Highly Opportunistic
Elliott Investment Management L.P., Friday opposed Aspen Technology, Inc.'s (AZPN) agreement with Emerson Electric Co. (EMR) and said
Elliott Stake in Aspen Tech Fuels Traders’ Bets on Higher Takeover Offer
Merger-arbitrage traders are piling into bets that the emergence of Elliott Investment Management as an investor in Aspen Technology Inc. will result in a higher buyout bid from the company’s majority holder Emerson Electric Co.
1d
Emerson Electric: Starting 2025 With Full Ownership Of AspenTech
Emerson Electric's acquisition of AspenTech raises concerns about valuation and debt, awaiting updates on segment divestment ...
11d
Aspen Technology Stock Hits All-Time High as Emerson Buys Remaining Shares
Emerson Electric said it will buy all the remaining shares of Aspen Technology it doesn't already own for about $7.2 billion ...
Bloomberg L.P.
11d
Emerson Buys Rest of AspenTech at $17 Billion Valuation
Emerson
Electric
Co. agreed to buy the rest of
Aspen
Technology that it doesn’t already own in a deal that values the ...
11d
Emerson Electric To Buy Out AspenTech Minority Stake In $7.2 Billion Cash Deal
Aspen Technology, Inc. (NASDAQ:AZPN) shares are trading higher premarket on Monday after the company inked a deal to be ...
11d
Emerson Electric agrees to acquire remaining Aspen stock for $7.2B
Emerson Electric (EMR) to acquire remaining shares of Aspen Technology (AZPN) in a $7.2 billion deal, aiming to integrate software company for ...
Wall Street Journal
11d
Emerson Electric Agrees to Acquire Remaining Aspen Technology Stock in $7.2 Billion Deal
Emerson
Electric
EMR-1.32%decrease; red down pointing triangle has agreed to acquire the remaining stock of
Aspen
Technology AZPN 0.16%increase; green up pointing triangle valuing the software ...
10d
Aspen to Be Acquired by Emerson in an All-Cash $7.2 Billion Deal
Emerson is set to acquire all remaining outstanding shares of AZPN's common stock, valuing the minority stake at $7.2 billion.
2d
Aspen Technology downgraded to Hold from Buy at Loop Capital
Loop Capital analyst Mark Schappel downgraded Aspen Technology (AZPN) to Hold from Buy with a price target of $265, up from $260, citing the ...
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