Elliott Investment Management has a $1.5 billion stake in Aspen Technology, and the activist disagrees with a tender offer ...

The firm expressed its disagreement with Aspen's decision to support a $265 per share tender offer by Emerson Electric, noting that it substantially undervalues the company. When Emerson publicly ...

This financial move comes as Emerson Electric is in the process of acquiring Aspen Technology, Inc., although there is no assurance that the acquisition will be completed as anticipated.

In January 2023, Schneider Electric closed out its ... 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 investment as a ...

When Emerson publicly announced its tender offer, Aspen stock was trading at approximately ... In January 2023, Schneider Electric closed out its acquisition of Aveva, buying out the remaining ...

Update 12:10pm: Adds expert commentary. Emerson Electric (EMR) said its $265 a share tender offer for Aspen Technology (NASDAQ:AZPN) is its "best and final" price after prominent active Elliott ...