Masimo shareholders are prepared to elect two director candidates proposed by Politan Capital, giving a win to the activist investment firm, Svea Herbst-Bayliss of Reuters reported, citing sources familiar with the matter. Enough shareholders have cast their ballots to assure that Politan’s nominees, the firm’s chief investment officer, Quentin Koffey, and health-care executive Michelle Brennan, will be elected to the five-person board. The Vanguard Group, one of Masimo’s biggest shareholders, has reportedly supported both Politan nominees.
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