Emerson ups industrial software power with close of $7.2B AspenTech buyout
Completing the $7.2 billion buyout of AspenTech "marks a key milestone in the final phase of Emerson's portfolio ...
Hosted on MSN1mon
Emerson to acquire remaining shares of AspenTech for $7.2bn
Emerson, an automation technology provider, has agreed to acquire the remaining shares it doesn’t own of software supplier AspenTech for $265 per share in an all-cash tender offer. The minority ...
Emerson’s shares rise on AspenTech deal, quarterly results
The company proposed to buy AspenTech’s (AZPN) shares for $240 a share, a 35% premium to the industrial software company’s ...
AspenTech merger complete; company stops trading after 31 years
After 31 years as a publicly-traded Massachusetts company, Aspen Technology has ceased to exist as an independent firm.
Nasdaq1mon
Emerson Issues Statement On Tender Offer For AspenTech - Quick Facts
The company said $265 per share price is Emerson's best and final price which was actively negotiated over a period of almost three months between Emerson and the AspenTech Special Committee.
Morningstar1mon
AspenTech Earnings: Good Results Overall as Emerson Takeover Looms
We are raising our fair value estimate to $265 per share from $240 previously for wide-moat AspenTech after the firm reported strong second-quarter results. Our fair value reflects the acquisition ...
The Joplin Globe4d
Emerson Extends Tender Offer to Accommodate S&P MidCap 400 Index Change
Emerson (NYSE: EMR) today announced that it has extended the expiration of its tender offer to acquire all outstanding shares of common stock of Aspen Technology, Inc. (NASDAQ: AZPN) ("AspenTech") not ...