SMARTREND NEWS & MARKET ANALYSIS
SmarTrend analyzes over 5,000 stocks simultaneously on an intraday basis using its pattern recognition technology to give you real-time alerts for stocks on the move -- so you can maximize your trading results. Let our system increase your market awareness.
Trend Trade Your way to Success Today...Click HERE to Get Started on Your FREE 14-Day Trial!
News WatchBack to SmarTrend News & Market Analysis
Roper Industries Said Friday It Is Acquiring Verathon And United Toll Services For $356 Million (ROP) - 11/6/2009 4:29:05 PM

By Chip Brian, SmarTrend Analytics Team
Twitter

11/6/2009 - Roper Industries (NYSE:ROP) said Friday that it is buying Verathon Inc. and United Toll Services for a combined $356 million. The deal is expected to bring in more than $140 million in revenue and at least $38 million in pretax profit in 2010. The Verathon board of directors approved the transaction and the closing is subject to other regulatory approvals and closing conditions. The existing leadership teams of both businesses are expected to remain the same once the acquisitions are completed.

Contact Chip Brian

SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com.

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at www.TradeTheTrend.com/signup.html

 

 



Comtex News Network, Inc. is not a registered investment advisor and does not provide investment advice.
Copyright Comtex News Network, Inc