Masimo Stock Is Stuck Just Below Danaher’s $180 Bid. The Gap Is the Story
Masimo shares traded at $178.78 before Thursday’s open, just below Danaher’s $180-a-share cash offer, as investors awaited regulatory clearance to close the $9.9 billion takeover. Shareholders approved the sale in May. The deal spread narrowed to about 0.7%. Nasdaq futures fell, but Masimo’s price tracked the pending merger rather than the broader market.