Reported about 23 hours ago
Aspen Technology announced the formation of a special board committee to assess Emerson Electric's offer to purchase the remaining shares it doesn't already own, estimated at $15.1 billion. This proposal follows Emerson's previous merger with AspenTech in 2021, which gave it control over approximately 55% of the company. Robert Whelan, AspenTech's board chair, will lead the special committee.
Source: YAHOO