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Marvell Agreed to Pay $1,132 a Share for Lumentum. The Stock Trades Near $510.
Source: fool.com
M&A & RestructuringRegulation & LegislationTechnology & Innovation
Marvell agreed to acquire Lumentum in an all-stock deal, whose value will fluctuate with Marvell’s share price. Closing is not expected until the first half of 2028 and depends on regulatory approvals, including a potentially lengthy review.
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