After 31 years as a publicly-traded Massachusetts company, Aspen Technology has ceased to exist as an independent firm.
On Feb. 7, Elliott announced that it's taken a $1. ... Aspen's decision to support a $265 per share tender offer by Emerson Electric, noting that it substantially undervalues the company.
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Emerson Electric confirmed its "best and final" offer of $265 per share, despite opposition from Elliott Investment Management, which argues that the offer undervalues Aspen Technology. Elliott, a ...
Elliott Investment Management has a $1.5 billion stake in Aspen Technology, and the activist disagrees with a tender offer ...