Marvell to acquire optical component maker Lumentum in massive $115B deal

Marvell Technology has announced plans to acquire Lumentum Holdings in a $115 billion transaction, marking one of the largest deals in tech history. Lumentum shareholders will receive 4.5 Marvell shares per share owned, valued at approximately $1,132 per share, representing a 23.9% premium over the stock's last unaffected price.

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