$7 Billion Public offer issued
The company went public at a huge valuation after a long fight with National Instrument Corporation.
Emerson Electric make a cash bid of $53 per share in November on their huge valuation
They further modify the bid from $53 to $48 per share in May, the company said
Emerson Electric had purchased almost 2.3 million shares of NI corporation
After this deal, The National Instrument corporation shares were up by more than 15% on Tuesday
The company is also working with Goldman Sachs, Bank of America, and Wachtell Lipton Rosen.
Emerson Electric is also working with the other banks for the public offering.
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