Marvell to Buy Lumentum for $115 Billion in All-Stock Mega-Deal
Marvell will acquire Lumentum in an all-stock deal worth $115 billion including debt, with Nvidia holding $2 billion stakes in both companies ahead of the deal.
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Marvell will acquire Lumentum in an all-stock deal worth $115 billion including debt, with Nvidia holding $2 billion stakes in both companies ahead of the deal.
Marvell will pay about $1,132 per Lumentum share in stock, a 24% premium, to chase AI's shift toward optical connectivity. The de…
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