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Colfax Corp. (CFX) Has Fallen To A New Low After Acquisition

Colfax Corp. (CFX) announced Monday morning that it has entered into a definitive agreement to acquire DJO Global Inc. for $3.15 billion in cash.

Colfax gapped open lower this morning and has continued to fall in early trade. The stock is now down 2.36 at $25.61 on above average volume. Colfax has tumbled to a new low for the year.

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