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Here's Why Aspen Technology Shares Are Soaring This Week

·2-min read
Here's Why Aspen Technology Shares Are Soaring This Week
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Shares of Aspen Technology (NASDAQ: AZPN) are on fire this week. Industrial giant Emerson Electric (NYSE: EMR) will merge its software operations with AspenTech, adding a $6 billion cash contribution to the reformed company. Emerson becomes the majority shareholder of AspenTech with a 55% stake.

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