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MASI May 2024 220.000 call
- Barrons.com
Masimo, Adams Diversified, and More Stocks See Action From Activist Investors
Politan Capital demanded to see the financial information of monitoring-technologies firm Masimo. Saba Capital increased a stake in investment manager Adams Diversified Equity Fund.
- Business Wire
Masimo and Denon Introduce White PerL™ and PerL Pro™ Earbuds, Redefining Style and Customization in Personalized Audio
IRVINE, Calif., May 16, 2024--Denon PerL™ and PerL Pro™ True Wireless earbuds - the epitome of personalized audio listening - are now available in white.
- Reuters
UPDATE 4-Masimo prepared to provide one board seat if activist Politan drops proxy contest
Masimo said on Thursday that it is prepared to appoint Politan Capital Management's nominee William Jellison as a director on its board, if the activist investor withdraws its other nominee and drops its proxy contest. Quentin Koffey-owned Politan has long criticized Masimo's capital allocation and board oversight and expressed particular concern about its $1 billion purchase of consumer audio products maker Sound United in 2022. In a letter addressed to Koffey, Masimo's director Craig Reynolds said a settlement would ensure that the company isn't distracted by a proxy contest as it evaluates the proposed separation of its consumer business announced on March 22.
