Albertsons Companies To Replace Aspen Technology In S&P MidCap 400
Written by Emily J. Thompson, Senior Investment Analyst
Source: NASDAQ.COM
S&P MidCap 400 Update: Albertsons Companies Inc. will replace Aspen Technology Inc. in the S&P MidCap 400 effective March 11, as part of a corporate acquisition by Emerson Electric Co.
Acquisition Details: Emerson Electric is acquiring Aspen Technology, with the deal expected to finalize soon, pending closing conditions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
