 |
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
[email protected]
ข่าวที่เกี่ยวข้อง
- Global terrorism falls to a decade low but Western fatalities surge
- Universal Robots and Scale AI Launch Imitation Learning System to Accelerate AI Model Training, Bridging the ‘Lab-to-Factory’ Gap
- การก่อการร้ายทั่วโลกลดลงสู่ระดับต่ำสุดในรอบทศวรรษ แต่จำนวนผู้เสียชีวิตในโลกตะวันตกพุ่งสูงขึ้น
- Breaking the 100M Token Limit: EverMind’s MSA Architecture Achieves Efficient End-to-End Long-Term Memory for LLMs
