2morrowsGains...FTK...Hate to be a wet blanket, but the net income in the pr is based on the acquisitions interest being deducted from EBITDA. FTK (with $30M borrowed to purchase the company) will have a much higher deduction. Don't forget their full tax rate.
I'm not negative. I'd say it's a great acquisition to integrate into their company and allows them another outlet to sell through. This will increase EPS rather than the acquisition itself.
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