$7 Billion Public offer issued

The company went public at a huge valuation after a long fight with National Instrument Corporation.

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Emerson Electric make a cash bid of $53 per share in November on their huge valuation

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They further modify the bid from $53 to $48 per share in May, the company said

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Emerson Electric had purchased almost 2.3 million shares of NI corporation

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After this deal, The National Instrument corporation shares were up by more than 15% on Tuesday

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The company is also working with Goldman Sachs, Bank of America, and Wachtell Lipton Rosen.

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Emerson Electric is also working with the other banks for the public offering.

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