Masimo to be Acquired by Danaher for $180.00 Per Share in $9.9 Billion All-Cash Transaction

summarizeSummary

Masimo has filed the definitive proxy statement detailing its $9.9 billion all-cash acquisition by Danaher Corporation for $180.00 per share, supported by unanimous board approval and a key shareholder voting agreement.

check_boxKey Events

• Definitive Merger Agreement Filed

  Masimo has entered into a definitive agreement to be acquired by Danaher Corporation for $180.00 per share in cash.

• Total Transaction Value

  The all-cash transaction is valued at approximately $9.9 billion.

• Unanimous Board Approval

  Both Masimo's and Danaher's Boards of Directors have unanimously approved the acquisition.

• Key Shareholder Voting Agreement

  Politan Capital Management LP, a significant shareholder, has entered into a voting and support agreement to vote in favor of the merger.

auto_awesomeAnalysis

This DEFA14A filing provides the definitive merger agreement and related voting support agreement for Masimo's acquisition by Danaher Corporation, following the initial 8-K announcement on 2026-02-17. The all-cash offer of $180.00 per share, totaling approximately $9.9 billion, represents a significant premium over the company's recent trading levels. The unanimous board approval and a voting agreement from a major shareholder, Politan Capital Management LP, indicate strong internal support for the transaction, which is a transformative event for Masimo, positioning it as a standalone business unit within Danaher's Diagnostics segment.