Rockwell Automation Board Declines Emerson's Latest Offer Valued at $27 Billion

摘要

The board of directors at Rockwell Automation, Milwaukee, said it recently rejected a pair of unsolicited proposals from Emerson Electric, St. Louis, to acquire Rockwell Automation for more than $27 billion. As the largest remaining pure-play manufacturer in industrial automation, Rockwell Automation and its Allen-Bradley brand have long been seen as a prime acquisition target for conglomerates seeking a platform for growth in the industrial market.