Thursday, July 14, 2011

Investopedia: Kinetic's Roller Coaster Ride Comes To An End

Wound care specialist Kinetic Concepts (NYSE:KCI) has had a heckuva ride over the last seven years. Once a Wall Street darling with a monopoly position in a healthy market, Kinetic saw setbacks in the courtroom and setbacks in the market before fighting back with an acquisition and some savvy product line extensions. That fueled a rocky share price trajectory that saw the stock cut severely on two occasions, only to bounce back strongly. 


All's well that ends well, though, and shareholders are getting a going-away present worth more than three times the stock's low during the worst of the credit crisis and recession.

Kinetic Gets a Deal
There have been rumors off and on about Kinetic Concepts being a buyout target for years, but the speculation heated up just last week. Validating that speculation, the company announced Wednesday morning that it had accepted an all-cash buyout from a private equity group. 



To read the full piece, please follow the link below:
http://stocks.investopedia.com/stock-analysis/2011/Kinetics-Roller-Coaster-Ride-Comes-To-An-End-KCI-SNN-SYNO-COV-JNJ-BCR-SYK0714.aspx

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