Aspen Technology Board to Assess Emerson Electric Takeover Bid
Aspen Technology said its board of directors would review an unsolicited takeover offer from Emerson Electric which values the industrial-software company at an enterprise value of $15.1 billion. Aspen on Tuesday received the unsolicited offer from Emerson priced at $240 a share for the outstanding shares of common stock the maker of electrical,
Key TakeawaysShares of industrial technology and engineering company Emerson Electric popped higher Tuesday.The company ...
Emerson’s leading technology, alignment with secular trends and customer focus provide confidence for continued momentum ...
Barclays raised the firm’s price target on Emerson (EMR) to $116 from $103 and keeps an Equal Weight rating on the shares post the fiscal ...
With $240 per share on the table, Emerson isn't just doubling downit's sharpening its focus on the industrial automation game ...
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