Emerson to Buy National Instruments
Emerson, a global technology and software company, has agreed to purchase National Instruments Corp. (NI), a provider of testing and measurement tools, for about $8.2 billion, or $60 per share in cash.
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Emerson, a global technology and software company, has agreed to purchase National Instruments Corp. (NI), a provider of testing and measurement tools, for about $8.2 billion, or $60 per share in cash.
Exchange Capital Management Inc. trimmed its position in shares of Emerson Electric Co. (NYSE:EMR – Get Rating) by 1.8% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 70,214 shares of the industrial products company’s stock after selling 1,305 shares during the quarter. Emerson Electric […]
Clearstead Trust LLC lifted its stake in Emerson Electric Co. (NYSE:EMR – Get Rating) by 64.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,054 shares of the industrial products company’s stock after buying an additional 807 shares during the quarter. Clearstead Trust LLC’s […]
The deal will bolster Emerson's position in the test and measurement market.
Emerson Electric (NYSE:EMR – Get Rating) had its target price lowered by research analysts at Loop Capital from $115.00 to $105.00 in a note issued to investors on Tuesday, The Fly reports. Loop Capital’s price objective suggests a potential upside of 25.54% from the company’s current price. Other research analysts also recently issued reports about […]