Activist 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 ...

Activist 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 ...

(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 ...

Emerson (EMR) acknowledged the public statement released by Elliott Investment Management on February 7, regarding the tender offer under which Emerson will acquire all outstanding shares of ...

(Reuters) -Activist investor Elliott Management said on Friday it has invested more than $1.5 billion in Aspen Technology, opposing the company's decision to accept Emerson Electric's $7.2 billion ...