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Morning Star estimates $700 million in value destruction

One day after the closing of the NI acquisition, Morning Star’s comments are found here:

https://www.morningstar.com/stocks/emerson-electric-no-change-our-fair-value-estimate-ni-deal-closes

However, Morning Star already has this “overpaying” for the acquisition built in to their current estimate of Emerson’s stock price.

Emerson’s comments on the day of the closing (October 11, 2023)  of the acquisition are here.

 

 

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