MergerMay 4, 2026, 09:07 AM
Masimo Shareholders Approve Danaher Merger Agreement
AI Summary
Masimo Corporation stockholders approved the Agreement and Plan of Merger with Danaher Corporation at a special meeting held on May 1, 2026. Under the terms, Masimo will become a wholly owned subsidiary of Danaher, with shareholders receiving $180.00 in cash per share. Stockholders also approved, on an advisory basis, the merger-related compensation for named executive officers. The merger is subject to regulatory approvals and is expected to close in 2026.
Key Highlights
- Masimo stockholders approved the merger agreement with Danaher Corporation.
- The merger agreement proposal received 36,981,681 votes in favor.
- Stockholders approved the non-binding advisory compensation proposal with 34,561,175 votes in favor.
- Each share of common stock will be converted into the right to receive $180.00 in cash.
- A total of 52,362,808 shares of common stock were outstanding on the record date.
- The merger is expected to close in 2026, subject to customary closing conditions and regulatory approvals.