Business: Aspen Technology provides industrial software that focuses on helping customers in asset-intensive industries worldwide. Its software is used in performance engineering, modeling and ...

Aspen Tech couldn't immediately be reached by Bloomberg for comment. Late last month, Emerson ( EMR ) agreed to buy the shares of Aspen Technology ( NASDAQ: AZPN ) it didn’t own for $265 a share.

One final note – this is not just a "bumpitrage" situation for Elliott. While the firm would sell to Emerson at a fair price, it owns the stock because it likes Aspen and thinks it is a good ...