Flexible Electronics News

Emerson Announces Premium, All-Cash Proposal to Acquire NI

Offer is for $53 per share, which represents immediate cash premium of 32% over NI’s closing share price on Jan. 12, 2023.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Emerson announced that it submitted a proposal to the Board of Directors of National Instruments (NI) to acquire NI for $53 per share in cash at an implied enterprise value of $7.6 billion. The proposal, which is not subject to any financing conditions, was submitted to NI on Nov. 3, 2022, and represents an improvement over an initial $48 per share proposal submitted on May 25, 2022. Emerson has made numerous attempts to engage constructively with NI in private since May 16, 2022. Full detail...

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