Paying 2x revenues and 10x EBITDA. Probably in the range of 25x taxed operating income. Sellers are smart enough not to take CFX stock, so they have to do an equity issue. Look for more restructuring and other charges. Fair value $40.
You have been negative on CFX for a long time, last year you claimed fair value was $20 (Feb. 6 2013), then $30 and now $40!
Anyone who had listened to you last would have been out of a lot of green.