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Marvell to buy Lumentum in $115B deal: why are MRVL and LITE stocks falling?
Source: invezz.com
M&A & RestructuringArtificial IntelligenceTechnology & Innovation
Marvell Technology agreed to acquire data-centre optics maker Lumentum in an all-stock transaction valued at roughly $115 billion, including debt. The deal will be financed entirely through stock and represents a major bet on the AI infrastructure boom.
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mildly positive
Sentiment Score
0.35
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LITE0.50
MRVL0.60
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