Aspen Technology gains

Elliott builds $1.5 billion stake in Aspen, opposes Emerson deal
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 tender offer.
Aspen Technology gains as Elliott opposes terms of Emerson's takeover (update)
Adds Elliott confirmation, statement. Aspen Technology (NASDAQ:AZPN) rose 4% in premarket trading as Elliott Investment Management confirmed it has a large stake in the industrial software company and is opposed to the terms of Emerson Electric's (EMR) $265 a share takeover.
Elliott says Emerson’s offer for Aspen Technology ‘highly opportunistic’
Elliott Investment Management, which manages funds that together have an investment of more than $1.5B in Aspen Technology (AZPN), issued the
Elliott Stake in Aspen Tech Fuels Traders’ Bets on Higher Takeover Offer
Merger-arbitrage traders are piling into bets that the emergence of Elliott Investment Management as an investor in Aspen Technology Inc. will result in a higher buyout bid from the company’s majority holder Emerson Electric Co.
Elliott discloses $1.5 billion stake in Aspen, pushes against merger with Emerson
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 tender offer. Aspen's shares rose 4% in premarket trading.
Elliott challenges Emerson's bid for AspenTech at $265 a share
WEST PALM BEACH - Elliott Investment Management L.P., managing funds worth over $1.5 billion in Aspen Technology, Inc. (NASDAQ: NASDAQ:AZPN), today expressed its opposition to the tender offer made by Emerson Electric Co.
Elliott Emerges as Aspen Tech Investor, Opposes Emerson’s Terms
Elliott Investment Management has emerged as the largest minority investor in industrial-software company Aspen Technology Inc., with a position worth more than $1.5 billion, people with knowledge of the matter said.
Aspen Technology (NASDAQ:AZPN) Downgraded by Loop Capital to “Hold”
Loop Capital cut shares of Aspen Technology (NASDAQ:AZPN – Free Report) from a buy rating to a hold rating in a report published on Wednesday morning, MarketBeat.com reports. Loop Capital currently ...
Emerson Electric: Starting 2025 With Full Ownership Of AspenTech
Emerson Electric's acquisition of AspenTech raises concerns about valuation and debt, awaiting updates on segment divestment ...
AspenTech to be acquired in $7.2 billion deal
Aspen Technology has agreed to be acquired by Fortune 500 company Emerson Electric. Missouri-based Emerson Electric (NYSE: ...
Aspen Technology: Fiscal Q2 Earnings Snapshot
BEDFORD, Mass. (AP) — BEDFORD, Mass. (AP) — Aspen Technology, Inc. (AZPN) on Tuesday reported fiscal second-quarter net income of $20.3 million, after reporting a loss in the same period a year ...
Bloomberg L.P.12d
Emerson Buys Rest of AspenTech at $17 Billion Valuation
Emerson Electric Co. agreed to buy the rest of Aspen Technology that it doesn’t already own in a deal that values the ...
Yahoo Finance4d
Aspen Technology (AZPN) Q2 Earnings and Revenues Top Estimates
Aspen Technology (AZPN) came out with quarterly earnings of $2.06 per share, beating the Zacks Consensus Estimate of $1.85 per share. This compares to earnings of $1.37 per share a year ago.
Aspen Technology downgraded to Hold from Buy at Loop Capital
Loop Capital analyst Mark Schappel downgraded Aspen Technology (AZPN) to Hold from Buy with a price target of $265, up from $260, citing the ...
Key deals this week: Bank of America, Aspen Technology, Verily, Paysafe and more
Conduent (NASDAQ:CNDT) soared 15% on a report that the company is exploring a sale after getting takeover interest. Bank of America (NYSE:BAC) has agreed to buy a $9B portfolio of residential mortgage ...
Elliott Statement on Aspen Technology, Inc.
Elliott Investment Management L.P. ("Elliott"), which manages funds that together have an investment of more than $1.5 billion in Aspen Technology, Inc. (NASDAQ: AZPN) (the "Company" or "AspenTech"), ...