Correction to Emerson, Rockwell Story

Features Dow Jones Newswires

Emerson Electric's latest offer to buy Rockwell Automation represents a multiple of 21 times past earnings before interest, taxes, depreciation and amortization. "Emerson Electric to Boost Takeover Offer for Rockwell Automation," at 6:48 a.m. ET and an update at 9:29 a.m. ET incorrectly said the multiple is 24 times. (Nov. 16, 2017)

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(END) Dow Jones Newswires

November 16, 2017 12:02 ET (17:02 GMT)