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St. Louis Post-Dispatch

Annika Merrilees

MYSTERIOUS: Emerson electric makes 7 6 billion offer on texas automation company - You Need To See This

Emerson National Instruments NI

Emerson is making a play to buy a Texan company, despite rebuffs from its leadership, in a $7.6 billion deal.

Ferguson, Missouri-based Emerson has attempted to strike a deal to buy National Instruments since May, but the company rejected Emerson's offers, so on Tuesday Emerson CEO Lal Karsanbhai appealed to National Instruments' shareholders.

Emerson, he wrote, has "long admired NI," and "would have preferred to reach an agreement privately."

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