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Source: Fox News
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Source: Fox News
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Marvell Technology agreed to acquire Lumentum in an all-stock deal valued at $115 billion, which the companies described as the largest merger between two publicly traded companies. The companies say combining Marvell’s chip expertise with Lumentum’s optical technology will create a leader in AI connectivity; Lumentum shareholders will receive 4.5 Marvell shares for each share they own.
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