Emerson Extends Tender Offer to Accommodate S&P MidCap 400 Index Change
Provided By PR Newswire
Last update: Mar 10, 2025
Tender Offer to Now Expire at 5:00 p.m. Eastern Time on March 11, 2025
ST. LOUIS, March 10, 2025 /PRNewswire/ -- Emerson (NYSE: EMR) today announced that it has extended the expiration of its tender offer to acquire all outstanding shares of common stock of Aspen Technology, Inc. (NASDAQ: AZPN) ("AspenTech") not already owned by Emerson to 5:00 p.m. Eastern Time on March 11, 2025. This one business day extension is to accommodate the settlement and tendering of shares of AspenTech common stock that may be sold due to the S&P MidCap 400 index change. S&P Global previously announced that AspenTech will be replaced in the index effective prior to the opening of trading on March 11, 2025.
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