Elliott says Emerson proposal 'unfair' to Aspen Technology shareholders
Written by Emily J. Thompson, Senior Investment Analyst
Elliott Investment Management's Position: Elliott Investment Management, which holds over $1.5B in Aspen Technology, criticized Emerson's tender offer for AspenTech shares as a conflicted and flawed process aimed at coercing minority shareholders.
Intended Actions Against Emerson: The firm plans to pursue all appropriate remedies against Emerson, asserting that the transaction is unfair to minority stockholders.
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.
