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Marvell (MRVL) confirms acquisition of Lumentum (LITE) with implied enterprise value of USD 115bln, representing an approximate USD 1,132/shr

ORIGINAL · NewsquawkMarvell (MRVL) confirms acquisition of Lumentum (LITE) with implied enterprise value of USD 115bln, representing an approximate USD 1,132/shr
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Marvell reportedly confirmed its acquisition of Lumentum at an implied enterprise value of USD 115bln, or approximately USD 1,132 per share; further terms were not supplied.

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