10:14 AM EDT, 05/31/2024 (MT Newswires) -- Masimo ( MASI ) said Friday that Politan Capital Management has rejected its third settlement offer.

Masimo ( MASI ) said it proposed adding Christopher Chavez and Politan nominee William Jellison to the board, expanding it to seven members, with six being independent. The move aimed to avoid potential deadlock concerns, the company said.

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