Monday, Roper Industries Inc. (ROP) said it is beginning a registered public offering of 2.30 million shares of its common stock. The offering is being made in conjunction with the company's inclusion in the S&P 500 index, which becomes effective after trading on the NYSE closes on December 22, 2009.
Roper said that the net proceeds from the offering are expected to be used to reduce borrowings associated with the acquisition of Verathon, Inc., announced on December 8, 2009.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.