Since Masimo is a publicly traded company, can’t Apple just buy enough shares to have a controlling interest in the company and just force them to back out?
Hostile takeovers aren't usually that fast, but yes apple can probably afford to buy the company, one way or another
Apple could borrow a large amount of shares of Masimo and short the company.
They have enough cash for that, and the borrow fee might be less than the settlement costs, plus they could profit from the operation.