Emerson Electric Bids to Buy National Instruments for Nearly $7 Billion
Emerson Electric Co.
has disclosed a nearly $7 billion offer to acquire
National Instruments Corp.
, which it said it has been trying to buy for more than eight months.
Emerson, a St. Louis-based technology and engineering company, said it was offering $53 a share in cash for National Instruments, which it said represents an…