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Press release content from Business Wire. The AP news staff was not involved in its creation.

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 GMT

NEW YORK--(BUSINESS WIRE)--Oct 11, 2021--

Halper Sadeh LLP, a global investor rights law firm, is investigating whether the merger of Aspen Technology, Inc. (NASDAQ: AZPN) and certain of Emerson Electric Co.’s industrial software businesses 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 for each share of Aspen common stock they own. Upon completion of the transaction, Aspen shareholders will own approximately 45% of the combined company on a fully diluted basis.

Halper Sadeh encourages Aspen shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

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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 encourages Aspen shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com.

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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View source version on businesswire.com:https://www.businesswire.com/news/home/20211011005567/en/

CONTACT: Halper Sadeh LLP

Daniel Sadeh, Esq.

Zachary Halper, Esq.

(212) 763-0060

sadeh@halpersadeh.com

zhalper@halpersadeh.com

https://www.halpersadeh.com

KEYWORD: NEW YORK UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: LEGAL PROFESSIONAL SERVICES

SOURCE: Halper Sadeh LLP

Copyright Business Wire 2021.

PUB: 10/11/2021 12:20 PM/DISC: 10/11/2021 12:22 PM

http://www.businesswire.com/news/home/20211011005567/en