Emerson Scuttles Vertiv Spinoff, Will Instead Sell Network Power To Platinum Equity

The temperatures remain high, but the summer season is winding down so lets catch up on some news we may have missed. In early August, Emerson Electric (EMR) reached a deal to sell off its network power business to a group led by private equity firm Platinum Equity for the price tag of $4b. The unit generated revenue… Read More »