Lucasys receives $24M from Roper Technologies subsidiary PowerPlan to settle antitrust claims
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Lucasys Inc has settled its antitrust litigation with PowerPlan, a subsidiary of Roper Technologies, receiving $24 million to resolve the claims.
January 07, 2025 | 4:00 pm
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Roper Technologies' subsidiary, PowerPlan, has settled antitrust claims with Lucasys for $24 million. This settlement resolves outstanding legal issues.
The settlement of $24 million by PowerPlan, a subsidiary of Roper Technologies, resolves antitrust claims, which could remove legal uncertainties. However, the financial impact is relatively small for Roper Technologies, leading to a neutral short-term impact on stock price.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80