According to WSJ, Rockwell Automation (ROK) approached by Emerson Electric Co. (EMR)

  • November 16, 2017

Emerson Electric Co. (EMR) plans to boost its takeover offer for Rockwell Automation Inc., (ROK) ratcheting up an effort to bring its reluctant rival to the negotiating table.


November 16, 2017: Emerson (EMR) today announced that its Chairman and Chief Executive Officer, David N. Farr, has sent a letter to Rockwell Automation (ROK) President and CEO, Blake D. Moret, proposing to acquire all outstanding shares of Rockwell for $225 per share, consisting of $135 per share in cash and $90 per share in Emerson shares.

November 22, 2017: Rockwell Automation, Inc. (ROK) today announced that its Board of Directors has unanimously rejected Emerson’s (EMR) unsolicited proposal to acquire Rockwell Automation received on November 16, 2017.