Gabelli Radio
EMR/NATI Deal and the Automation Space
- Autor: Vários
- Narrador: Vários
- Editora: Podcast
- Duração: 0:03:55
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http://www.Gabelli.com Invest with Us 1-800-GABELLI (800-422-3554) Justin Bergner, Research Analyst and Portfolio Manger at Gabelli Funds discusses automation leader Emerson Electric and their recent announcement that it had prevailed in an auction process to acquire National Instruments for $8.6B or $60 per share, a 60% premium to National Instrument’s equity value prior to Emerson announcing in January that it had acquired a 2% stake and was pushing for the company to sell itself.