Rockwell Automation Reviewing Revised Unsolicited Proposal from Emerson

Rockwell

November 17, 2017

Rockwell Automation Inc.has confirmed that it has received a revised unsolicited proposal from Emerson to acquire Rockwell Automation.

As it did with Emerson’s prior proposals, consistent with its fiduciary duties and in consultation with its financial and legal advisors, the Board of Directors of Rockwell Automation will carefully review Emerson’s proposal to determine the course of action that it believes is in the best interest of the Company and Rockwell Automation shareowners.  The Rockwell Automation Board expects to respond to Emerson’s proposal in due course.

 

Goldman, Sachs & Co. is acting as financial advisor and Wachtell, Lipton, Rosen & Katz is acting as legal advisor to Rockwell Automation.

https://ir.rockwellautomation.com/press-releases/press-releases-details/2017/Rockwell-Automation-To-Review-Revised-Unsolicited-Proposal-From-Emerson/default.aspx

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