Elliott Investment Management has a $1.5 billion stake in Aspen Technology, and the activist disagrees with a tender offer ...

Emerson Electric (NYSE:EMR) completed its acquisition of Aspen Technology (NASDAQ:AZPN) shares that it didn't already own for $265 a share. With the completion of the purchase, AspenTech is now a ...

After 31 years as a publicly-traded Massachusetts company, Aspen Technology has ceased to exist as an independent firm.

Elliott Investment Management, which manages funds that together have an investment of more than $1.5B in Aspen Technology (AZPN) issued the following statement regarding the tender offer by ...

Business: Aspen Technology provides industrial software that focuses on helping customers in asset-intensive industries worldwide. Its software is used in performance engineering, modeling and ...

One final note – this is not just a "bumpitrage" situation for Elliott. While the firm would sell to Emerson at a fair price, it owns the stock because it likes Aspen and thinks it is a good ...