National Instruments ( NASDAQ: NATI ) decided that Fortive ( NYSE: FTV ) and Keysight Technologies ( NYSE: KEYS ) are poised to outbid Emerson Electric ( NYSE: EMR ) in its $7 billion offer for the maker of measurement equipment, Reuters reported, citing three people familiar with the matter.
National Instruments ( NATI ) this week notified Emerson ( EMR ), Fortive ( FTV ) and Keysight ( KEYS ) that their buyout offers were enough to qualify for a second round of bids, those sources told Reuters.
More to come....
For further details see:
National Instruments said to pick Fortive, Keysight as rival bidders to Emerson