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Marvell Technology Is Acquiring Lumentum. Why Does the Market Hate the Move?

Source: fool.com

M&A & RestructuringArtificial IntelligenceTechnology & Innovation
Marvell Technology Is Acquiring Lumentum. Why Does the Market Hate the Move?

Marvell agreed to acquire Lumentum in an all-stock deal with an implied enterprise value of $115 billion. The transaction is positioned to give Marvell additional growth opportunities from the AI infrastructure build-out; the article provides no deal timing or market reaction.

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