2 Nov
New Details on Marvell-Lumentum Deal: All-Stock Merger at 24% Premium
Marvell's acquisition of Lumentum will be structured as an all-stock transaction at a 24% premium, projected to yield over $1 billion in annual savings.
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Marvell's acquisition of Lumentum will be structured as an all-stock transaction at a 24% premium, projected to yield over $1 billion in annual savings.
Marvell Technology has agreed to acquire Lumentum in a $115 billion transaction aimed at expanding its presence in artificial intelligence data center infrastructure.