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Emerson has decided to proceed in its pursuit of acquiring NI without nominating its selected Independent Directors.
February 23, 2023
By: DAVID SAVASTANO
Editor, Ink World Magazine
Emerson issued the following statement on Jan. 23, 2023 regarding its all-cash proposal to acquire National Instruments (NI) for $53 per share: Emerson’s objective with publicly disclosing our proposal to acquire NI was to ensure that the NI Board of Directors executed a fair and transparent strategic review process, and that NI’s shareholders understood the credibility of our proposal. Over the course of the last week, following the public statements by Emerson and NI, we have...
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