Elliott takes $1.5 bln stake in Aspen, pushes against merger with Emerson-February 2024-www.financetom.com

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

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

Feb 7, 2025 6:35 AM

Feb 7 (Reuters) - Activist investor Elliott Management

said on Friday it has taken a more than $1.5 billion stake in

Aspen Technology ( AZPN ), saying it disagrees with the

company's decision to accept a tender offer by Emerson Electric ( EMR )

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