Wednesday, July 6, 2011

Kinetic Concepts Spikes On Buyout Rumor

Shares of Kinetic Concepts Inc. (NYSE: KCI) rallied more than 9% on Wednesday on speculation that the company is in talks to be acquired by a private equity firm. Kinetic Concepts, Inc., a medical technology company, engages in the discovery, development, manufacture, marketing, rental, and sale of therapies and products for the advanced wound care, regenerative medicine, and therapeutic support system markets in the United States and internationally. It operates in three segments: Active Healing Solutions, LifeCell, and Therapeutic Support Systems. Stay tune for more. 

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