ROPER TECHNOLOGIES, INC. (NYSE:ROP) Files An 8-K Completion of Acquisition or Disposition of AssetsItem 2.01 Completion of Acquisition or Disposition of Assets.
On December 27, 2016, Roper Technologies, Inc. (the “Company”) completed its previously announced acquisition of Project Diamond Holdings Corporation (“PDHC”), to the Agreement and Plan of Merger (the “Merger Agreement”) dated as of December 6, 2016, with Project Diamond Holdings Corporation, Dash I, Inc. and Thoma Bravo, LLC as representative of the stockholders of PDHC and holders of outstanding options to acquire common stock of PDHC.
The Merger Agreement is more fully described in the Company’s current report on Form 8-K filed with the U.S. Securities and Exchange Commission on December 6, 2016, which is incorporated herein by reference. As disclosed in the Company’s press release dated December 28, 2016, the Company used the proceeds from the sale of its $500 million aggregate principal amount of 2.800% Senior Notes due 2012 and its $700 million aggregate principal amount of 3.800% Senior Notes due 2026, along with borrowings under its 2016 credit facility and cash on hand to consummate the acquisition.
Item 7.01 Other Events.
On December 28, 2016, the Company issued a press release announcing the completion of its acquisition of PDHC, which is furnished as Exhibit 99.1 to this current report on Form 8-K. This information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in any such filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
99.1 Press Release of the Company dated December 28, 2016
About ROPER TECHNOLOGIES, INC. (NYSE:ROP)
Roper Technologies, Inc., formerly Roper Industries, Inc., is a technology company. The Company operates businesses that design and develop software and engineered products and solutions for a range of end markets, including healthcare, transportation, food, energy, water, education and academic research. It operates through four segments. The Medical and Scientific Imaging segment offers products and software in medical applications and high performance digital imaging products. The RF Technology segment provides radio frequency identification communication technology and software solutions. The Industrial Technology segment offerings include fluid handling pumps, materials analysis equipment and consumables, and leak testing equipment. The Energy Systems and Controls segment’s products include control systems, equipment and consumables for fluid properties testing, vibration sensors and other non-destructive inspection and measurement products and services. ROPER TECHNOLOGIES, INC. (NYSE:ROP) Recent Trading Information
ROPER TECHNOLOGIES, INC. (NYSE:ROP) closed its last trading session down -1.56 at 186.31 with 285,264 shares trading hands.