We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for real-time alerts, custom portfolio, and market movers
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Aspen Technology Inc New | NASDAQ:AZPN | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.06 | -0.02% | 264.78 | 260.27 | 270.87 | 265.49 | 264.65 | 264.93 | 204,378 | 01:00:00 |
From Jan 2025 to Feb 2025
WEST PALM BEACH, Fla., Feb. 7, 2025 /PRNewswire/ -- 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"), today issued the following statement regarding the Company's recently announced agreement with Emerson Electric Co. (NYSE: EMR) ("Emerson"):
"As the largest minority investor in AspenTech, we disagree with the Company's decision to support a $265.00 per share tender offer by its majority stockholder, Emerson, to acquire the AspenTech shares it does not already own. Emerson's offer is highly opportunistic and substantially undervalues the Company. Elliott has no intention of tendering its shares at the current price."
About Elliott
Elliott Investment Management L.P. (together with its affiliates, "Elliott") manages approximately $69.7 billion of assets as of June 30, 2024. Founded in 1977, it is one of the oldest funds under continuous management. The Elliott funds' investors include pension plans, sovereign wealth funds, endowments, foundations, funds-of-funds, high net worth individuals and families, and employees of the firm.
Media Contact
Alice Best
Elliott Advisors (UK) Limited
T: +44 203 009 1715
abest@elliottadvisors.co.uk
Logo - https://mma.prnewswire.com/media/1179754/Elliot_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/elliott-statement-on-aspen-technology-inc-302371209.html
Copyright 2025 PR Newswire
1 Year Aspen Technology Chart |
1 Month Aspen Technology Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
