Masimo to Be Acquired by Danaher for $180/Share

Masimo Corporation has entered into an Agreement and Plan of Merger to be acquired by Danaher Corporation. Danaher will acquire Masimo through a merger in which Mobius Merger Sub, Inc. merges with and into Masimo, with Masimo surviving as a wholly owned subsidiary of Danaher.

Under the merger terms, each share of Masimo common stock outstanding immediately prior to the effective time (excluding shares owned by Danaher, Merger Sub, Masimo, and any excluded dissenting shares) will be converted into the right to receive $180.00 in cash per share, without interest. The proxy materials also describe a Voting and Support Agreement with Politan Capital Management LP, representing approximately 8.77% of outstanding voting power.