Emerson plans $11 bln merger of industrial-software units with AspenTech - WSJ - NewsBreak
By Vikash in Business
Updated 3 years ago
Oct 11 (Reuters) - Manufacturing giant Emerson Electric Co (EMR.N) plans to merge two of its software businesses with Aspen Technology Inc (AZPN.O) in a roughly $11 billion deal, the Wall Street Journal reported on Monday, citing officials from the companies. The cash-and-stock deal would value AspenTech at around $160...