From The Economic Times
Center-Right Owned by Bennett, Coleman & Co.Why are Marvell and Lumentum share prices down over $115 billion acquisition?
What each side is saying
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center · 1 outlet
Marvell will acquire Lumentum for $115 billion in a record deal to expand its AI connectivity business, even as shares of both companies fall.
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right · 2 outlets
Marvell and Lumentum shares have dropped after Marvell announced that it will be acquiring Lumentum in a $115 billion all stock deal. Marvell will be able to expand its AI data centre and optical networking technologies after the acquisition. The acquisition will help Marvell compete with Broadcom…
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Marvell and Lumentum shares have dropped after Marvell announced that it will be acquiring Lumentum in a $115 billion all stock deal. Marvell will be able to expand its AI data centre and optical networking technologies after the acquisition. The acquisition will help Marvell compete with Broadcom…
