Masimo Makes Offer To End Activist Politan's Proxy Contest

By Elaine Briseño (May 9, 2024, 7:33 PM EDT) -- Medical technology company Masimo Corp. revealed Thursday that it is willing to appoint one of the director nominees put forth by activist investment firm Politan Capital Management LP in exchange for the company dropping its proxy fight, though Politan signaled distaste with the proposed deal....

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