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 ...
Per the deal, EMR will offer $265 in cash for each of the remaining shares of AspenTech. This transaction values the to-be-acquired company at a market capitalization of $17.0 billion, with an ...
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.
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 Emerson is a disciplined ...