Katie Szyman

Money Moves

Leading the company through the Danaher transaction

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 the entire firm to industrial conglomerate Danaher for $9.9 billion. The tally was lopsided: roughly 37 million shares in favor, 17,061 against, and 14,035 abstaining.

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