Roper (ROP) to Boost Portfolio With Transact Campus Buyout

Roper Technologies, Inc. (ROP) recently inked a deal to acquire Transact Campus, Inc. (Transact). The transaction is valued at $1.5 billion (including a$100 million tax benefit). Roper will finance the acquisition with its existing cash and revolving credit facility. Roper's shares gained 0.4% on the last trading day to eventually close the trading session at $548.50. Based in Scottsdale, AZ, Transact is an app-based campus transaction processing solution provider. It enables students to do cashless transa ...