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Emerson Withdraws Proposal to Acquire Rockwell Automation

Tuesday, November 28, 2017  
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Emerson has withdrawn its proposal to acquire Rockwell Automation for $225 per share due to the Rockwell Board of Directors’ continued unwillingness to engage in discussions about a potential combination. “The Rockwell Board again rejected our offer, which would have delivered approximately $30 billion of value to Rockwell shareholders,” said Emerson chairman and CEO David N. Farr. More...

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