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flag Elliott Investment Management opposes Emerson Electric's $265 offer for Aspen Technology, calling it undervalued.

flag Elliott Investment Management, a major investor in Aspen Technology with over $1.5 billion at stake, opposes Emerson Electric's $265 per share tender offer, calling it highly opportunistic and undervaluing the company. flag Elliott, which manages about $69.7 billion in assets, refuses to tender its shares at the current price, disagreeing with Aspen Technology's support for the offer.

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