Emerson, Aspen Technology
Completing the $7.2 billion buyout of AspenTech "marks a key milestone in the final phase of Emerson's portfolio ...
directly with AspenTech, leveraging the statutory framework of Section 251(h) of the Delaware General Corporation Law. This merger mechanism allows the acquirer to rapidly merge with the target ...
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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).
After 31 years as a publicly-traded Massachusetts company, Aspen Technology has ceased to exist as an independent firm.
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.
(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 ...
With this move, AspenTech becomes a fully owned subsidiary of Emerson. According to InvestingPro data, Emerson maintains strong financial health with a Piotroski Score of 7 and annual revenue of $ ...
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