Publicly traded medical-device company (Nasdaq: MASI)
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Target of $9.9B acquisition; will become wholly owned subsidiary of Danaher
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
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