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Wall Street Breakfast

Masimo jumps as Danaher nears $10B deal

Wall Street Breakfast

Seeking Alpha

Business News, News, Business, Investing

4.11K Ratings

🗓️ 17 February 2026

⏱️ 6 minutes

🧾️ Download transcript

Summary

Danaher (DHR) nears $10B acquisition of medical tech company Masimo (MASI), FT reports. (00:14) Elliott builds over 10% stake in Norwegian Cruise Line (NCLH) to push changes - report. (01:08) Costco (COST) sued over rotisserie chicken as nonprofit alleges salmonella at Nebraska plant. (02:05)

Episode transcripts seekingalpha.com/wsb.

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Transcript

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0:00.0

Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning.

0:07.6

It's good to have you here on this Tuesday, February 17th. I'm Julie Morgan.

0:14.4

Massimo is up 32% in pre-market action. Danahur is nearing a roughly $10 billion deal to acquire the medical

0:22.3

technology firm. The Financial Times reported citing people familiar with the matter that a deal

0:28.3

could be announced as early as today, provided it does not hit any last-minute snags. The deal value

0:34.9

represents a premium to its nearly $7 billion market cap at Friday's close.

0:40.7

Massimo manufactures pulse oxymeters, which measures blood oxygen levels. The company has

0:46.7

challenged Apple over breaching its patents in a long-running intellectual property dispute

0:52.0

over the Apple Watch. The Massimo deal could be Danaher's biggest acquisition in more than half a decade.

0:59.4

Massimo's stock has declined by 27% over the past year.

1:04.3

Danaher is down 4% pre-market.

1:08.2

Activist investor Elliott Investment Management has bought over a 10% stake in Norwegian

1:13.9

cruise line holdings, positioning it as one of the company's largest shareholders. The Wall

1:19.6

Street Journal reported citing sources familiar with the matter that Elliott intends to advocate

1:25.4

for major operational and strategic changes to address underperformance.

1:31.1

The cruise company has fallen behind competitors, with its shares down nearly 4% year-to-date,

1:37.8

compared to gains of 4.5% for Carnival and 15% for Royal Caribbean.

1:48.0

Norwegian shares sank on week Q3 results and forecast amid worrying cruise industry trends. It's important to note that the company recently appointed a new

1:54.4

CEO, the former CEO of Subway and Burger King, as president and CEO effective February 12th of this year,

2:03.2

replacing Harry Summer.

2:05.6

Costco is reportedly facing a new lawsuit over its rotisserie chicken.

2:09.8

The proposed class action lawsuit filed on Thursday cited a December study from an animal rights

...

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