Aspen Technology Shares Drop After Emerson Says Offer Best and Final
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 ...
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 ...
AspenTech's largest minority owner opposes buyout deal
Late last week, hedge fund Elliott Investment Management L.P. released a statement disclosing it was the largest minority ...
USA Herald4d
Emerson Defends $7.2B AspenTech Deal
Global technology giant Emerson reaffirmed its $7.2 billion offer to acquire the remaining shares of AspenTech, stating ...
Asianet Newsable on MSN5d
Emerson Calls $265 Apiece Offer For Aspen Tech Stock ‘Best And Final’ After Elliott Labeled Price ‘Highly Opportunistic’
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 ...
TMCnet5d
Emerson Issues Statement at Launch of AspenTech Tender Offer
Compelling and certain value of $265 per share in cash, unanimously recommended by the independent AspenTech Special ...
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 ...
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 ...
Ikon Ski Pass-Owner Alterra on M&A and Navigating Peaks and Valleys Smoothly
Hi, it’s Liana Baker in New York with a focus today on skiing. The week is coming to a busy end, with Elliott emerging as an ...
Asianet Newsable on MSN7d
Elliott Investment Calls Emerson’s $265 Apiece Offer For Aspen Tech Shares ‘Highly Opportunistic:’ Retail’s On Wait-And-Watch Mode
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 Statement on Aspen Technology, Inc.
Elliott Investment Management L.P. ("Elliott"), which manages funds that together have an investment of more than $1.5 billion in Aspen Technology ...
Elliott Builds $1.5 Billion Stake in Aspen, Opposes Emerson Deal
Elliott argues that Emerson's per-share offer of $265 for Aspen undervalues the company, adding that it will not tender its ...