National Instruments gains amid report of interest from several strategics
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National Instruments (NASDAQ:NATI) rose 1.6% amid a report that the company's strategic review has garnered interest from at least three other companies besides Emerson Electric (NYSE:EMR).
Fortive (FTV), Keysight (KEYS) and Honeywell (HON) are said to be interested in National Instruments (NATI), according to a Dealreporter item, that cited people familiar. The process is in early stage and it's possible no parties make formal bids.

The update comes after Emerson (EMR) on Tuesday disclosed a bid to acquire National Instruments (NATI) for $53 a share. Emerson submitted a proposal on Nov. 3 to improve an opening bid of $48-per-share on May 25.
CNBC also reported on Tuesday that Emerson (EMR) was said to have engaged with NATI over the last three weeks or so. Emerson came away with the impression from the discussions that NATI's price expectations were "unrealistic."

National Instruments (NATI) jumped 17% on Friday following the announcement of the evaluation of strategic options.