Aspen Technology, Inc.
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ASPEN MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE MERGER OF ASPEN TECHNOLOGY, INC. IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – AZPN
October 11, 2021.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the merger of Aspen Technology, Inc. (NASDAQ: AZPN) and Emerson Electric Co. is fair to Aspen shareholders. Under the terms of the agreement, Aspen shareholders will receive approximately $87.00 per share in cash and 0.42 shares of common stock of the combined company. Upon completion of the transaction, AspenTech shareholders will own 45% of the combined company on a fully diluted basis.
The investigation concerns whether Aspen and its board violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Aspen shareholders; and (2) disclose all material information necessary for Aspen shareholders to adequately assess and value the merger consideration. On behalf of Aspen shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
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