Elliott Investment Management Says "Emerson's Proposal To Acquire AspenTech Is Clearly The Result Of A Conflicted And Deeply Flawed Process, Bearing All The Hallmarks Of An Opportunistic Minority Squeeze-Out. Emerson's Public Statements And Actions Leading Up To The Commencement Of The Tender Offer Underscore Its Coercive Intent Toward Minority Stockholders. This Transaction Is Unfair To Minority Stockholders, And We Intend To Pursue All Appropriate Remedies Against Emerson."
Author: Benzinga Newsdesk | February 19, 2025 09:23am