Elliott takes $1.5 bln stake in Aspen, pushes against merger with Emerson

Emerson Electric Co

07/02/2025 14:04

Feb 7 (Reuters) - Activist investor Elliott Management
said on Friday it has taken a more than $1.5 billion stake in
Aspen Technology  AZPN.O , saying it disagrees with the
company's decision to accept a tender offer by Emerson Electric
 EMR.N . 

 (Reporting by Utkarsh Shetti in Bengaluru; editing by Tasim
Zahid)
 ((UtkarshUmesh.Shetti@thomsonreuters.com;))