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Friday's Daily Pulse
What you need to know about Florida today
› Sarasota technology company to acquire firm for $5.35 billion
Diversified technology company Roper Technologies Inc. has reached a definitive agreement to acquire Vertafore in an all-cash transaction valued at approximately $5.35 billion. Sarasota-based Roper anticipates funding the transaction using its cash on hand, revolving credit facility and new debt, according to a press release.
› ‘Getting Down To The Wire’: Census Workers Hit South Florida Streets As Deadline Looms
Census workers hit the streets this week, heading to homes that have not filled out the census. The deadline to respond is the end of September. In South Florida, response has been low. It’s at just 58% in Miami-Dade. The numbers aren’t much better in Broward, where it’s at 59%, and in the Keys, where it’s just shy of 44% filled out the census.
› AMC, Regal to reopen theaters next week, including Tampa Bay screens
AMC Theatres, the nation’s largest movie chain, is reopening next week, including five locations in the Tampa Bay area on Aug. 20, with 15-cent movies for opening day. And Regal Cinemas, the second largest chain, is to reopen some U.S. locations on Aug. 21, including movie theaters in Pinellas Park, Largo and Tampa.
› Red Lobster faces its ‘most challenging time,’ as big loan payment looms amid pandemic
Orlando-based Red Lobster is facing the “most challenging time” in its history during the coronavirus pandemic, CEO Kim Lopdrup says, at the same time that outside analysts worry about a looming $355 million loan the company has due next summer.
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