Rockwell Automation (ROK) November volatility at 26 into trading halt

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Rockwell Automation (ROK) Playing Hardball with Emerson (EMR); Will Another Bidder Emerge?

October 31, 2017 5:29 PM EDT

Following many years of speculation about a match made in automation heaven, news broke earlier today that Emerson Electric (NYSE: EMR) recently offered to acquire Rockwell Automation (NYSE: ROK) but was rebuffed twice.

The companies confirmed a CNBC report Tuesday morning about the overtures.

Rockwell Automation disclosed that on August 2nd it received an unsolicited proposal from Emerson to acquire the company for $200 per share, made up of about half cash and half stock. This was followed by a raised offer on October 10th for... More

Rockwell Automation (ROK) Board Unanimously Rejects Unsolicited Proposals From Emerson (EMR)

October 31, 2017 10:23 AM EDT

Rockwell Automation, Inc. (NYSE: ROK) today confirmed that it recently rejected an unsolicited proposal from Emerson (NYSE: EMR) received on October 10, 2017 to acquire Rockwell Automation for consideration consisting of $107.50 per share in cash and 225 million shares of Emerson common stock, valued at $107.50 per... More