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

Reuters
02-07
Elliott takes $1.5 bln stake in <a href="https://laohu8.com/S/1F3.SI">Aspen</a>, pushes against merger with Emerson

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;))

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