Elliott discloses $1.5 billion stake in Aspen

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.
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 Discloses $1.5 Billion Stake in Aspen, Pushes Against Merger With Emerson
(Reuters) - 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.
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.
AZPN gains after activist investor Elliott disclosed stake
Shares of Aspen Technology Inc (NASDAQ:AZPN) rose as much as 4% after activist investor Elliott Investment Management disclosed stake in the company.
Emerson Electric To Buy Out AspenTech Minority Stake In $7.2 Billion Cash Deal
Aspen Technology, Inc. (NASDAQ:AZPN) shares are trading higher premarket on Monday after the company inked a deal to be acquired by Emerson Electric Company (NYSE:EMR) in an all-cash tender offer for $265 per share.
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.
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.
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: ...
Bloomberg L.P.11d
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 ...
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"), ...
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 ...
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 ...