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Stock impact report

Aspen Technology Announces Receipt of Unsolicited Acquisition Proposal from Emerson [Yahoo! Finance]

Aspen Technology, Inc. (AZPN) 
Last aspen technology, inc. earnings: 1/29 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.aspentech.com/node/5806
Company Research Source: Yahoo! Finance
BEDFORD, Mass., November 05, 2024 BUSINESS WIRE )--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, dated November 5, 2024, from Emerson Electric Co. (NYSE:EMR) ("Emerson"), to acquire all of the outstanding shares of common stock of the Company not already owned by Emerson for cash consideration of $240.00 per share. Emerson and its affiliates currently own 57.4% of the Company's outstanding common shares, based on their most recent Schedule 13D filing dated November 5, 2024. The Board of Directors of AspenTech will follow an appropriate governance process and carefully review the proposal. No action is required by AspenTech shareholders at this time. About Aspen Technology Aspen Technology, Inc. (NASDAQ: AZPN) is a global software leader helping industries at the forefront of the world's dual challenge meet the increasin Show less Read more
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