- Rockwell Automation (NYSE:ROK) rose 4.2% in today's trade on speculation that Schneider Electric (OTCPK:SBGSF) may be preparing a takeover offer that values the maker of robotics software and equipment at $18B.
- ROK is an “extremely attractive asset” that faces a tough market in the short term, Bernstein analyst Steve Winoker says, adding that Schneider has proven that it "can be very aggressive on the acquisition front when they want an asset."
Rockwell Automation said to attract takeover interest from Schneider Electric
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About ROK Stock
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Symbol | Last Price | % Chg |
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ROK | - | - |
Rockwell Automation, Inc. |