Emerson, Aspen Technology
After 31 years as a publicly-traded Massachusetts company, Aspen Technology has ceased to exist as an independent firm.
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Emerson Acquires Remaining Stake in AspenTech to Boost PortfolioWhen acquired, AspenTech will be a fully owned subsidiary ... Some better-ranked companies are discussed below. Graham Corporation GHM currently sports a Zacks Rank #1 (Strong Buy).
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.
Last month, Emerson Electric and AspenTech announced that Emerson, which has owned a majority stake in AspenTech since 2022, would buy the remaining shares of the Bedford company for $265 a share ...
(the "Company" or "AspenTech"), today issued the following statement regarding the tender offer (the "Tender Offer") by Emerson Electric Co. (NYSE: EMR) ("Emerson") for all AspenTech shares it ...
Emerson, currently trading at $118.61 with a P/E ratio of 28.08, initiated the tender offer on February 10, 2025, to purchase all outstanding shares of AspenTech at $265 per share in cash ...
Compelling and certain value of $265 per share in cash, unanimously recommended by the independent AspenTech Special Committee, represents Emerson's best and final price ...
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