Emerson Extends Tender Offer to Accommodate S&P MidCap 400 Index Change
Written by Emily J. Thompson, Senior Investment Analyst
Source: PRnewswire
Tender Offer Extension: Emerson has extended its tender offer to acquire all outstanding shares of Aspen Technology, Inc. until 5:00 p.m. Eastern Time on March 11, 2025, to facilitate the settlement and tendering of shares due to an S&P MidCap 400 index change.
Current Status: As of March 7, 2025, approximately 6,715,211 shares had been validly tendered, with Emerson offering $265 per share for those not already owned by them, and no action is required from holders who have already tendered their shares.
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.
