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Elliott Investment Management opposes Emerson Electric's $265 offer for Aspen Technology, calling it undervalued.
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.
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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Elliott Investment Management se opone a la oferta de Emerson Electric de $265 para la tecnología Aspen, llamándola infravalorada.