Aspen technology announces receipt of unsolicited acquisition proposal from emerson

Bedford, mass.--(business wire)--aspen technology, inc. (nasdaq:azpn) (“aspentech” or “the company”), a global leader in industrial software, today announced that its board of directors received an unsolicited, non-binding proposal letter, dated november 5, 2024, from emerson electric co. (nyse:emr) (“emerson”), to acquire all of the outstanding shares of common stock of the company not already owned by emerson for cash consideration of $240.00 per share. emerson and its affiliates currently ow.
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