Reuters announces that NI will evaluate options, including sale amid interest from Emerson Electric

corporate finance

Jan 13, 2023 at 9:11 p.m. 1 minute

Reuters was the first to report that National Instruments Corp had received takeover interest from Emerson Electric. A few days after the Reuters news, Emerson released a hostile bid of nearly $7 billion for NI, which the company had been unsuccessfully trying to buy for several months.

article tags

Topics of interest: corporate finance

Type: Reuters best

Sectors: corporate finance

Regions: North America

Countries: US

Types of prizes: exclusivity

Story Types: Exclusive / Scoop

Media Types: text

Impact on the customer: Significant National History