Emerson Electric Co. closed 8.54% short of its 52-week high of $134.85, which the company reached on December 4th.
The stock's fall snapped a two-day winning streak.
KA’UPULEHU-KONA, Hawaii (AP) — Ernie Els won the season-opening Mitsubishi Electric Championship on Saturday for his seventh PGA TOUR Champions victory, closing with a 6-under 66 to beat ...
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 ...
Loop Capital upgraded Aspen Technology (AZPN, Financials) to a buy rating, citing expectations of a higher takeover bid from ...
Emerson stated that the tender offer provides AspenTech minority stockholders the opportunity to tender their shares at a compelling and certain value of $265 per share in cash. This price was ...
4d
Stocktwits on MSNEmerson 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) ...
American Paul Elliott Singer's hedge fund firm was established in 1977 and is known as being one of the most vocal activists.
Compelling and certain value of $265 per share in cash, unanimously recommended by the independent AspenTech Special Committee, represents Emerson's best and final ...
Emerson Electric's $265 per share tender offer for Aspen Technology is labeled as its best and final price despite criticism ...
Merger-arbitrage traders are piling into bets that the emergence of Elliott Investment Management as an investor in Aspen ...
7d
Newsable Asianet News on MSNElliott 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 ...
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