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204 days

Aspen Technology Stock Hits All-Time High as Emerson Buys Remaining Shares

1. Emerson Electric to acquire Aspen Technology for $7.2 billion. 2. AspenTech's shares rose to record highs post-announcement. 3. The acquisition price is set at $265 per share, a 3.9% premium. 4. Transaction to close in the first half of 2025, ending AspenTech's trading.

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FAQ

Why Very Bullish?

The acquisition at a premium boosts investor confidence, influencing AZPN positively.

How important is it?

The acquisition significantly impacts AZPN shareholders and market perception.

Why Short Term?

Immediate market reaction observed with stock price spike after announcement.

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