Politan Comments on Masimo’s (MASI) Latest Entrenchment Maneuvers

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Politan Comments on Masimo’s Latest Entrenchment Maneuvers

July 16, 2024 8:30 AM EDT

Politan Will Take All Necessary Action to Ensure That the Annual Meeting Is Not Delayed Any Further Beyond September 19 and Hopefully Is Held Sooner

NEW YORK--(BUSINESS WIRE)-- Politan Capital Management (together with its affiliates, Politan), an 8.9% shareholder of Masimo Corporation (Masimo or the Company) (NASDAQ: MASI), today responded to the Companys Board of Directors moving Masimos Annual Meeting of Stockholders (the Annual Meeting), previously scheduled for July 25, 2024, to September 19, 2024. Politan also commented on the Board bringing a lawsuit in federal court against Politan and its founder and CIO... More