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Activist Politan Capital Has 9% Stake in Masimo

An activist investor has a giant stake in Masimo and plans to push the medical-device firm to take motion to enhance its inventory value following a poorly acquired acquisition, in line with individuals conversant in the matter.

Politan Capital Management LP, based by veteran activist Quentin Koffey, has a 9% stake in Masimo value roughly $750 million, the individuals mentioned. Politan’s particular concepts couldn’t be realized.

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