Health and Fitness Health and Fitness
Tue, July 26, 2011
Mon, July 25, 2011
Sat, July 23, 2011
Fri, July 22, 2011
Thu, July 21, 2011
Wed, July 20, 2011
[ Wed, Jul 20th 2011 ] - Market Wire
Pfizer To Acquire Icagen
[ Wed, Jul 20th 2011 ] - Market Wire
00 a.m. EDT
Tue, July 19, 2011
Mon, July 18, 2011
[ Mon, Jul 18th 2011 ] - Market Wire
Aetna to Acquire PayFlex
Fri, July 15, 2011
Thu, July 14, 2011
Wed, July 13, 2011
Tue, July 12, 2011
Mon, July 11, 2011
Sun, July 10, 2011
Sat, July 9, 2011
Fri, July 8, 2011
Thu, July 7, 2011
Wed, July 6, 2011
[ Wed, Jul 06th 2011 ] - Market Wire
Larry Renfro Named CEO of Optum
Tue, July 5, 2011
Mon, July 4, 2011
Sat, July 2, 2011
Fri, July 1, 2011
Thu, June 30, 2011
[ Thu, Jun 30th 2011 ] - Market Wire
KCI???NPWT????????????
Wed, June 29, 2011

Kendall Law Group Investigates Kinetic Concepts, Inc.


//health-fitness.news-articles.net/content/2011/ .. law-group-investigates-kinetic-concepts-inc.html
Published in Health and Fitness on Wednesday, July 13th 2011 at 7:15 GMT by Market Wire   Print publication without navigation


DALLAS--([ BUSINESS WIRE ])--[ Kendall Law Group ], led by former federal judge Joe Kendall, is investigating Kinetic Concepts, Inc. (NYSE: KCI) for shareholders in connection with the proposed acquisition by a group of investors led by Apax Partners. The national securities firma™s investigation seeks to determine whether Kinetic Concepts and its Board breached their fiduciary duties by entering into the agreement without properly shopping for a deal that would provide better value for shareholders. If you are a Kinetic Concepts shareholder and would like additional information about your rights, contact the Kendall Law Group at 877-744-3728 or by email at [ investor@kendalllawgroup.com ].

"consortium comprised of funds advised by Apax Partners, together with controlled affiliates of Canada Pension Plan Investment Board and the Public Sector Pension Investment Board"

On July 13, 2011, Kinetic Concepts announced the definitive merger agreement under which the company would be acquired by a aconsortium comprised of funds advised by Apax Partners, together with controlled affiliates of Canada Pension Plan Investment Board and the Public Sector Pension Investment Board,a in a transaction valued at approximately $5 billion. Under the terms of the agreement, Kinetic Concepts stockholders will receive $68.50 in cash for each share of Kinetic Concepts/KCI common stock held. The offer price represents a 6.2% premium to Kinetic Conceptsa™ Tuesday closing stock price of $64.49. On July 7, 2011, the Wall Street Journal reported that Blackstone Group was in talks to buy Kinetic Concepts and that Kohlberg Kravis Roberts & Co. and other parties had also recently examined a possible purchase of the company. On news of Blackstone Groupa™s interest in Kinetic Concepts, the AP reported that Collins Stewart analyst Tao Levy said the company awould probably fetch between $73 and $76 per sharea if taken private. The firma™s investigation seeks to determine whether Kinetic Concepts and its Board undertook a fair process in negotiating the deal.

Kendall Law Group was founded by a former federal judge, includes a former United States Attorney, prosecutors and securities lawyers who are experienced in complex securities litigation. The firm has been counsel in numerous merger and acquisition cases nationwide, including some of the largest transactions in the United States.


Publication Contributing Sources