According to the Securities Times APP, on November 5th, Emerson Electric (EMR.US) rose by 5.23% in pre-market trading to $115.55. On the news front, Emerson Electric proposed to acquire the remaining outstanding shares of Aspen Technology (AZPN.US) for $240 per share in cash, aiming to complete its portfolio transformation and become a specialist in automation industrial technology. This acquisition proposal implies a fully diluted market cap of $15.3 billion and an enterprise value of $15.1 billion for Aspen Technology.

In addition, Emerson disclosed an adjusted eps of $1.48 for the fourth quarter, slightly surpassing the average Wall Street analyst expectation of $1.47 per share. The company's fourth-quarter revenue increased by 13% compared to the same period last year.