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Aspen Technology, Emerson Electric
Aspen Technology Upgraded Amid Takeover Dispute with Emerson
Loop Capital upgraded Aspen Technology (AZPN, Financials) to a buy rating, citing expectations of a higher takeover bid from Emerson Electric amid pressure from activist investor Elliott Investment Management.
Billionaire Paul Singer's Elliott opposes AspenTech buyout deal
Emerson Electric aims to acquire remaining
AspenTech
shares for $265 each.
Elliott
Investment Management opposes the deal, calling it undervalued.
AspenTech
's board unanimously approved Emerson's ...
Emerson issues statement regarding tender offer for Aspen Technology
Emerson (EMR) acknowledged the public statement released by Elliott Investment Management on February 7, regarding the tender offer under which
Emerson says $265/shr offer for Aspen Technology is the `best and final' price
Emerson Electric's $265 per share tender offer for Aspen Technology is labeled as its best and final price despite criticism from Elliott
6d
on MSN
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 ...
7d
Elliott built $1.5B stake in Aspen, sees Emerson bid as too low, Bloomberg says
Elliott Investment Managementhas become the largest minority investor in Aspen Technology (AZPN) with a stake in the industrial-software ...
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