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Emerson announced it has closed its acquisition of NI, provider of software-connected automated test and measurement systems, at an equity value of $8.2 billion.
Emerson and NI announced that they have entered into a definitive agreement under which Emerson will acquire NI for $60 per share in cash at an equity value of $8.2 billion.
NI confirmed that it has received a proposal from Emerson to acquire the company for $53 per share in cash, following a prior proposal from Emerson to acquire the company for $48 per share.
