Core Viewpoint - Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Masimo Corporation to Danaher Corporation for $180.00 per share in cash, which is perceived as below market expectations and potentially opportunistic [1][2][4]. Group 1: Sale Price Analysis - The proposed sale price of $180.00 per share is significantly lower than the price targets set by several Wall Street analysts, including $210 by Jason Bednar of Piper Sandler, $190 by Vik Chopra of Wells Fargo, and $185 by Jayson Bedford of Raymond James [2]. - The sale price is also below Masimo's 52-week high of $194.88 per share, indicating that the offer may be opportunistic [2]. Group 2: Legal Investigation - Wohl & Fruchter LLP is examining whether the Masimo board acted in the best interests of shareholders in recommending the sale, focusing on the fairness of the sale price and the completeness of information disclosed regarding the transaction [4]. - Shareholders concerned about the fairness of the sale price are encouraged to contact Wohl & Fruchter LLP to discuss their legal rights [3][4].
MASI Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of Masimo Corporation to Danaher Corporation