Masimo (MASI) Gets Non-Binding Offer for Consumer Business

Masimo (MASI) recently announced that, on Jul 2, it received a non-binding term sheet confirmation from a third party, which included an acquisition offer for MASI's consumer business. MASI did not provide any details about the third party. More on the Deal Politan Tussle Shares of Masimo have declined 5.1% so far this year against the industry's 3.4% rise and the S&P 500's 18.8% growth. Apart from announcing the term-sheet offer, Masimo announced preliminary results for the second quarter. Consolidated rev ...