Elliott, an activist investor, acquires a share in Aspen Technology and resists a bid by another party.
Highlights: – Elliott Investment Management opposes Emerson Electric’s $265 per share tender offer for Aspen Technology. – Aspen Technology provides industrial software for asset-intensive industries. – Emerson Electric’s $265 per share offer may undervalue Aspen Technology. Activist Investor Challenges Emerson Electric’s Offer Aspen Technology, a provider of industrial software for asset-intensive industries, has caught the […]
