Aspen Technology Shares Drop

Emerson says $265 per-share bid for Aspen is 'best and final'
Emerson Electric said on Monday that its $265 per-share offer to acquire Aspen Technology was its "best and final" price. The announcement comes days after activist investor Elliott Management said it invested over $1.
Emerson says $265/shr offer for Aspen Technology is the `best and final' price
Emerson Electric's $265 per share tender offer for Aspen Technology is labeled as its best and final price despite criticism from Elliott
Aspen Technology Shares Drop After Emerson Says Offer Best and Final
Shares of Aspen Technology fell Monday after Emerson Electric said its offer price of $265 per share is its best and final. This came after activist investor Elliott Management said last week that it had built a big stake in AspenTech and opposed the company’s decision to accept Emerson's offer,
Emerson issues statement regarding tender offer for Aspen Technology
Emerson (EMR) acknowledged the public statement released by Elliott Investment Management on February 7, regarding the tender offer under which
Aspen Technology upped at Loop on potential for Emerson higher bid
Loop Capital analyst raises Aspen Technology (AZPN) to buy on potential higher bid from Emerson (EMR) amid activist pressure.
Aspen Technology Upgraded Amid Takeover Dispute with Emerson
With a more than $1.5 billion Emerson holding, Elliott has claimed that the $265-per-share offer undervalues Aspen Tech and is advocating a larger proposal. Mark Schappel, a Loop Capital analyst, said Elliott is probably going to persuade enough minority investors Aspen Tech is worth far more than Emerson's current offer.
Aspen Tech Investor Elliott Opposes Emerson’s Terms
Elliott Investment Management has emerged as the largest minority investor in industrial-software company Aspen Technology Inc., with a position worth more than $1.5 billion, people with knowledge of the matter said.
Emerson Calls $265 Apiece Offer For Aspen Stock ‘Best And Final’ After Elliott Labeled Price ‘Highly Opportunistic’
Shares of Aspen Technology Inc (AZPN) traded over 2% lower in Monday’s pre-market session after Emerson Electric Co (EMR) said the $265 per share price for acquiring all outstanding shares of Aspen's common stock not already owned is its best and final price.
Billionaire Paul Singer's Elliott opposes AspenTech buyout deal
Late last week, the West Palm Beach-based hedge fund released a statement disclosing it was the largest minority owner of ...
Aspen Technology upgraded to Buy from Hold at Loop Capital
Loop Capital upgraded Aspen Technology (AZPN) to Buy from Hold with a price target of $315, up from $265.Maximize Your Portfolio with Data ...
Elliott builds $1.5 billion stake in Aspen, opposes Emerson deal
Activist investor Elliott Management said on Friday it has invested more than $1.5 billion in Aspen Technology, opposing the ...
Aspen Technology (NASDAQ:AZPN) Downgraded by Loop Capital to “Hold”
Loop Capital cut shares of Aspen Technology (NASDAQ:AZPN – Free Report) from a buy rating to a hold rating in a report published on Wednesday morning, MarketBeat.com reports. Loop Capital currently ...
Nasdaq6d
ASPEN TECHNOLOGY Earnings Results: $AZPN Reports Quarterly Earnings
ASPEN TECHNOLOGY ($AZPN) posted quarterly earnings results on Tuesday, February 4th. The company reported earnings of $2.06 per share, beating estimates of $1.90 by ...
Elliott Stake in Aspen Tech Fuels Traders’ Bets on Higher Takeover Offer
Merger-arbitrage traders are piling into bets that the emergence of Elliott Investment Management as an investor in Aspen ...
Emerson Electric: Starting 2025 With Full Ownership Of AspenTech
Emerson Electric's acquisition of AspenTech raises concerns about valuation and debt, awaiting updates on segment divestment ...