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Stocktwits on MSNElliott Calls Emerson's Proposal To Acquire Aspen Tech ‘Deeply Flawed Process,’ Discloses Intent To Pursue All Appropriate RemediesActivist investor Elliott Investment Management, which has a $1.5 billion stake in Aspen Technology, Inc. (AZPN), said on Wednesday it would take all appropriate remedies against Emerson Electric Co.
This means 21.4% of the remaining shareholders (other than Emerson) need to vote for the deal for it to pass. Elliott has 9%, and if every other shareholder votes (an improbable likelihood ...
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Elliott Investment Calls Emerson’s $265 Apiece Offer For Aspen Tech Shares ‘Highly Opportunistic:’ Retail’s On Wait-And-Watch ModeActivist investor Elliott Investment Management said on Friday it doesn’t agree with the price offered by Emerson Electric to acquire Aspen Technology, Inc. and considers it highly opportunistic.
"Emerson's offer is highly opportunistic and substantially undervalues the Company. Elliott has no intention of tendering its shares at the current price." Emerson Electric fired back Monday ...
Elliott Investment Management has emerged as ... The activist investor plans to oppose the terms of Emerson Electric Co.’s latest offer to buy the shares in Aspen Tech that it doesn’t already ...
An investor is claiming that Clayton-based Emerson's proposed buyout of AspenTech is unfair to AspenTech's investors, that ...
(RTTNews) - Elliott Investment Management L.P., Friday opposed Aspen Technology, Inc.'s (AZPN) agreement with Emerson Electric Co. (EMR) and said the offer is highly opportunistic and ...
Elliott Investment Managementhas become the largest minority investor in Aspen Technology (AZPN) with a stake in the industrial-software ...
Addresses will be made by President Eliot and by Dr. Emerson, the son of Ralph Waldo Emerson. Concluding the exercises the two visiting associations will hold a joint debate on "The Relations of ...
(Reuters) - 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 ...
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