Factory automation (Photo by Leon Neal/Getty Images)

Emerson Boosts Offer for Rockwell Automation to $29 Billion

Emerson Electric Chairman and CEO David Farr can’t seem to get Rockwell Automation off his mind.

Emerson Electric Chairman and CEO David Farr can’t seem to get Rockwell Automation off his mind. Emerson renewed its bid for the Milwaukee-based factory automation powerhouse this week after Rockwell previously declined two earlier offers. Rockwell said it is reviewing the new proposal, which boosts the total offered to Rockwell shareholders to around $29 billion.

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