close
close

Politan comments on Masimo's latest attempt to prevent a fair shareholder vote Page 1

Politan comments on Masimo's latest attempt to prevent a fair shareholder vote Page 1

Politan Capital Management (together with its subsidiaries, “Politan”), an 8.9% owner of Masimo Corporation (“Masimo” or the “Company”) (NASDAQ: MASI), today issued the following statement:

“After its motion for a preliminary injunction was denied, Masimo turned to California federal court this Saturday, asking that Politan's current proxy card be declared invalid. This followed the court's hearing on Friday on Masimo's motion to delay the annual meeting. Masimo justifies these motions by arguing that it was significantly harmed by Politan's announcement that the court had denied the company's motion for a preliminary injunction on Thursday, when it was supposed to have been opened on Friday.

Related Post