FLASH: Apax closes $6.3B KCI buyout
November 4, 2011 by MassDevice staff
Apax Partners closes its $6.1 billion leveraged buyout of Kinetic Concepts Inc., taking the wound care giant private for $68.50 per share.
Get 'em while they're hot: Apax Partners and a pair of Canadian pension funds closed their $6.1 billion leveraged buyout of Kinetic Concepts Inc. (NYSE:KCI) today.
That means KCI shares will cease trading publicly before the markets open next Monday, Nov. 7.
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