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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.