KEYS - Emerson Electric near agreement to acquire National Instruments - Bloomberg
2023-04-11 21:46:59 ET
- Emerson Electric ( NYSE: EMR ) is advanced talks to purchase National Instruments ( NASDAQ: NATI ) after beating a rival bid from Fortive Corp. ( FTV ).
- Emerson ( EMR ) is discussing paying about $60 a share for Nation Instruments ( NATI ), according to a Bloomberg report, which cited people familiar. A deal could be announced as soon as this week, though plans could still change.
- A potential deal comes after Emerson ( EMR ) was competing with Fortive ( FTV ) and KeySight ( KEYS ) for National Instruments ( NATI ), according to media reports.
- Emerson ( EMR ) offered $53 a share in cash for National Instruments ( NATI ) in January.
- Developing story ...
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Emerson Electric near agreement to acquire National Instruments - Bloomberg