Emerson Electric Co. (EMR) entered a merger agreement on January 27, 2025, to acquire Aspen Technology, Inc. (AZPN) through a tender offer, valuing the company at about $16.8 billion.
Under the terms of the agreement, Emerson plans to buy all AspenTech shares it doesn’t already own by offering $265.00 per share in cash through a tender offer, representing a premium of 3.86% from the stock’s last close.