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Danaher Corporation

Danaher Corporation

Diversified science and technology conglomerate (NYSE: DHR)

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Masimo shareholders approve sale to Danaher

Money Moves

Acquirer; will integrate Masimo into Diagnostics segment

Eighteen months after activist investor Politan Capital ousted Joe Kiani from the board of the medical-device company he founded in 1989, Masimo shareholders voted to sell it to Danaher for $9.9 billion. Roughly 37 million shares favored the deal; 17,061 opposed it, and 14,035 abstained.

Updated May 31