Shareholders of medical equipment manufacturer Mindray Medical International voted on February 26 to approve a plan to take the company private in a management-led buyout.
Mindray reported that 77% of the company's shares were voted either in person or by proxy at a shareholder's meeting, with 83% in favor of the deal, in which a group of Mindray executives have proposed taking the company private.
The buyout is expected to be completed in March 2016.
