Emerson Electric Stock Soars on Strong Earnings, AspenTech Buyout Bid
Key TakeawaysShares of industrial technology and engineering company Emerson Electric popped higher Tuesday.The company reported better-than-expected quarterly sales and profit boosted by its Intelligent Devices segment.
Emerson Electric makes bid to acquire full stake in AspenTech
The company’s $240-per-share cash offer for the remaining stake in AspenTech would total around $6.53bn, according to Reuters.
Emerson’s shares rise on AspenTech deal, quarterly results
Emerson Electric (EMR) stock surged in premarket trading after announcing acquisition of AspenTech (AZPN) and beating profit estimates.
Emerson offers to buy rest of AspenTech in $15 billion deal to sharpen automation focus
Emerson Electric on Tuesday proposed to buy the rest of AspenTech that it does not own at a valuation of $15.1 billion, as the company looks to sharpen its focus on industrial automation. The company in 2021 merged its software units with smaller rival Aspen Technology and took control of about 55% of the combined entity.
Emerson proposes to acquire remaining shares of AspenTech at $240 apiece
The proposal values AspenTech at $15.1 billion on an enterprise basis, Emerson said. Emerson already owns about 55% of shares in AspenTech, which it acquired in 2022. St. Louis, Missouri-based Emerson,
Emerson offers to buy rest of AspenTech for $240/share in cash
Emerson Electric proposes to acquire AspenTech for $240 per share, aiming to complete its transformation into an industrial technology specialist.
Aspen Tech Shares Rise Above Emerson Proposed Takeover Price
Aspen Technology shares moved higher Tuesday after majority investor Emerson Electric proposed buying the rest of the industrial software provider at a valuation of more than $15 billion. Emerson, which already owns more than 57% of Aspen,
Aspen Technology Announces Receipt of Unsolicited Acquisition Proposal from Emerson
Aspen Technology, Inc. (NASDAQ:AZPN) ("AspenTech" or "the Company"), a global leader in industrial software, today announced that its Board of Directors received an unsolicited, non-binding proposal letter,
What we learned in the final Emerson College swing state polls
To break down what the numbers mean, Spencer Kimball, executive director of Emerson College Polling, and a panel of Nexstar ...
Final swing states poll from Emerson College/The Hill: See presidential election survey results
The final poll of swing states from Emerson College Polling/The Hill shows Donald Trump and Kamala Harris locked in a tight ...
Final Emerson swing state polling shows Harris, Trump deadlocked in NC
The race for the next President of the United States remains too close to call in every swing state, latest polling shows.
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Live: Emerson College on final presidential election swing state polls
To break down what the numbers mean, Spencer Kimball, executive director of Emerson College Polling, and a panel of Nexstar ...
Jefferson tops Emerson Boro - N1G1, first round - Girls volleyball recap (PHOTOS)
Carsyn Giessuebel led third-seeded Jefferson with 12 kills, two aces and a dig to help win in straight sets 25-10, 25-22, ...
Trump ahead of Harris in Iowa in new Emerson College poll
Former President Trump is ahead of Vice President Harris by 10 points in Iowa, according to a new poll released on Saturday.
‘Olive Days’ author Jessica Elisheva Emerson says she’s one book’s biggest fan
Jessica Elisheva Emerson’s debut novel, “Olive Days,” is out now from Counterpoint. Set in L.A.’s Pico-Robertson neighborhood ...
Emerson downs Old Tappan, strengthens top seed in charity game
In the actual game, Emerson, which is the top seed in North 1, Group 1 for the first time in years and was 16-2-1, downed Old ...
Emerson Electric Co. Q4 Profit Increases, Beats Estimates
Emerson Electric Co. (EMR) announced a profit for its fourth quarter that increased from the same period last year and beat the ...