Emerson issued the following statement: The tender offer provides AspenTech minority stockholders the opportunity to tender their shares at a compelling and certain value of $265 per share in cash.

(Reuters) -U.S. industrial company Emerson Electric agreed to pay $7.2 billion to buy the remaining shares in software supplier AspenTech that it does not already own, the companies said on Monday.

Aspen Technology, Inc. (NASDAQ:AZPN) shares are trading higher premarket on Monday after the company inked a deal to be acquired by Emerson Electric Company (NYSE:EMR) in an all-cash tender offer for ...

Global automation and engineering giant Emerson (NYSE: EMR) has agreed to complete its takeover of industrial software solutions provider AspenTech (NASDAQ: AZPN), by buying the shares it doesn't ...

ST. LOUIS and BEDFORD, Mass., Jan. 27, 2025 /PRNewswire/ -- Emerson (NYSE: EMR) and Aspen Technology, Inc. (NASDAQ: AZPN) ("AspenTech") today announced that they have reached an agreement under which ...

Emerson CEO Lal Karsanbhai speaks during an interview on Wednesday, Oct. 23, 2024, at the company's Ferguson headquarters. Global technology and automation company Emerson announced Monday that it ...

Emerson Electric Co. said it will merge its software business with rival Aspen Technology (AspenTech) in an $11 billion deal that will bring together both companies’ expertise in industrial software ...