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Shareholder Alert: Ademi & Fruchter LLP investigates whether Aspen Technology, Inc. is obtaining a Fair Price for its Public Shareholders

MILWAUKEE--(BUSINESS WIRE)--Ademi & Fruchter LLP is investigating AspenTech (NASDAQ: AZPN) for possible breaches of fiduciary duty and other violations of law in its transaction with Emerson.

Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you.

In the tender offer transaction, AspenTech stockholders will receive only $265.00 per share pursuant to an all-cash tender offer. The transaction values the minority stake being acquired at $7.2 billion, and values the total company at a fully diluted market capitalization of $17.0 billion with an enterprise value of $16.8 billion. Emerson currently owns approximately 57% of AspenTech’s outstanding shares of common stock following Emerson’s 55% majority investment completed in 2022. Upon the closing of the transaction, AspenTech will become a wholly owned subsidiary of Emerson. AspenTech insiders will receive substantial benefits as part of change of control arrangements.

The transaction agreement unreasonably limits competing transactions for AspenTech by imposing a significant penalty if AspenTech accepts a competing bid. We are investigating the conduct of AspenTech’s board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.

We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.

Contacts

Ademi & Fruchter LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001

Ademi & Fruchter LLP

NASDAQ:AZPN

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Contacts

Ademi & Fruchter LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001

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