AZPN Overview

Acquisition Completion: Emerson has completed the acquisition of all outstanding shares of Aspen Technology, making it a wholly owned subsidiary, with Antonio Pietri retiring as CEO and Vincent Servello appointed as President.

Stock Trading Status: AspenTech's shares have ceased trading on NASDAQ, and its financial results will now be included in Emerson's Control Systems & Software segment.

Tender Offer Extension: Emerson has extended its tender offer to acquire all outstanding shares of Aspen Technology, Inc. until 5:00 p.m. Eastern Time on March 11, 2025, to facilitate the settlement and tendering of shares due to an S&P MidCap 400 index change.

Current Status: As of March 7, 2025, approximately 6,715,211 shares had been validly tendered, with Emerson offering $265 per share for those not already owned by them, and no action is required from holders who have already tendered their shares.

S&P MidCap 400 Update: Albertsons Companies (ACI) will replace Aspen Technology (AZPN) in the S&P MidCap 400 on March 11, as Emerson Electric Co. (EMR) is acquiring Aspen Technology, pending final closing conditions.

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S&P MidCap 400 Update: Albertsons Companies Inc. will replace Aspen Technology Inc. in the S&P MidCap 400 effective March 11, as part of a corporate acquisition by Emerson Electric Co.

Acquisition Details: Emerson Electric is acquiring Aspen Technology, with the deal expected to finalize soon, pending closing conditions.

Investigation of Companies: Halper Sadeh LLC is investigating Jet.AI Inc., Global Blue Group Holding AG, and Aspen Technology, Inc. for potential violations of federal securities laws and fiduciary duties to shareholders related to their respective business sales.

Legal Support for Shareholders: The law firm offers free consultations to affected shareholders and may seek increased compensation or additional disclosures on their behalf, operating on a contingent fee basis.