Update: Update: Masimo Shares Jump After Danaher Agrees to $180 per Share Cash Deal

MT Newswires Live
19 hours ago

(Updates with stock price movement in the headline and first paragraph.)

Masimo (MASI) shares jumped 34% Tuesday after Danaher (DHR) agreed to acquire the company for $180 per share in cash, or a total enterprise value of about $9.9 billion, including assumed indebtedness and net of acquired cash.

Upon completion of the deal, expected in H2, Masimo will be a standalone operating company within Danaher's Diagnostics segment, Danaher said.

"We look forward to joining Danaher and continuing our growth and momentum as the global leader in patient monitoring," Masimo Chief Executive Katie Szyman said. "Danaher shares our commitment to investing in talent and innovation and will be an ideal fit to help power the next chapter of Masimo."

Price: 204.94, Change: -7.64, Percent Change: -3.59

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10