Deals
Emerson Electric Nears Deal to Acquire National Instruments
- Smaller rival Fortive bypassed by Emerson in process
- Emerson discussing paying around $60 a share in deal
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Emerson Electric Co. is in advanced talks to acquire National Instruments Corp. after a long pursuit of the maker of measurement systems, according to people familiar with the matter.
Emerson is discussing paying around $60 a share, the people said, asking not to be identified because the information wasn’t public.