Brief: Masimo Corp Separately Received Unsolicited Inbound Requests From Other Potential Acquirors Of Its Consumer Audio Business

Masimo

16/08/2024 12:05

Aug 16 (Reuters) - Masimo Corp  MASI.O :
    * MASIMO CORP: SEPARATELY RECEIVED UNSOLICITED INBOUND
REQUESTS
FROM OTHER POTENTIAL ACQUIRORS OF ITS CONSUMER AUDIO BUSINESS
    * MASIMO: CO AND POTENTIAL JV PARTNER ARE ACTIVELY
CONTINUING
DISCUSSIONS
    * MASIMO CORP - IN ALL CASES OF UNSOLICITED INBOUND
REQUESTS, CO
WOULD RETAIN ITS PROFESSIONAL HEALTHCARE AND
TELEHEALTH/TELEMONITORING PRODUCTS.
    * MASIMO: WILL EVALUATE OPTIMAL VALUE-MAXIMIZING STRUCTURE
OF
SEPARATION OF CONSUMER BUSINESS, INCLUDING A JV, SPIN-OFF OR
SALE OF UNIT

Source text for Eikon:  ID:n0001213900-24-069960 
Further company coverage:  MASI.O 

 (Reuters.Briefs@thomsonreuters.com)