(Reuters) - Medical device maker Kinetic Concepts Inc
At $68.50 a share, the deal represents a premium of 6 percent to Kinetic's close on Tuesday.
Continue Reading Below
Kinetic founder James Leininger and certain shareholder parties, who collectively hold about 11 percent of the company's shares, have agreed to vote in favor of the deal, it said.
(Reporting by Esha Dey in Bangalore; Editing by Gopakumar Warrier)