Marvell is acquiring optical components maker Lumentum in a massive $115 billion deal
Marvell Technology Inc. today announced plans to acquire Lumentum Holdings Inc. for $115 billion, one of the largest deals in tech history. Lumentum investors are set to receive 4.5 Marvell shares for each unit of stock they own. That equates to about $1,132 per share, which is 23.9% higher than the company’s most recent unaffected … Read more