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KM Financial Solutions | UPDATE 1-Hedge fund D.E. Shaw raises pressure on Emerson, calls for breakup
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UPDATE 1-Hedge fund D.E. Shaw raises pressure on Emerson, calls for breakup

14 Oct UPDATE 1-Hedge fund D.E. Shaw raises pressure on Emerson, calls for breakup

Posted at 17:03h in News by
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Hedge fund D.E. Shaw on Tuesday increased
the pressure on Emerson Electric Co by publicly urging a
breakup of the U.S. industrial conglomerate, a move it says
could unlock more than $20 billion worth of shareholder value.

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