US industrial automation systems manufacturer Rockwell Automation has announced that it has rejected a significant takeover bid from a rival.
Robotics and connected industrial control systems are growing in importance. Image courtesy of Wikipedia. According to a statement released by the company, it rejected a takeover bid worth $27bn from another US rival, Emerson Electric. The bid called for the complete acquisition of Rockwell Automation for a price of $107.50 per…
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