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Why Marvell Technology Plunged Today

Source: fool.com

M&A & RestructuringTechnology & InnovationCompany Fundamentals
Why Marvell Technology Plunged Today

Marvell agreed to acquire Lumentum in an all-stock deal. The stated deal price represents a premium that would put Lumentum at five times the level it was trading at a year ago; the article provides no deal value or further terms.

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