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Marvell Technology to Acquire Lumenum in $115 billion All-Stock Deal

The Motley Fool +1 · ·by G4L

MRVL Marvell Technology Inc
$154.60 +9.49%
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  1. 1The $115 billion all-stock transaction value for Marvell Technology's acquisition of Lumenum has been announced.
  2. 2This transaction is expected to expand Marvell Technology's total outstanding shares by approximately 50%.
  3. 3Marvell Technology's stock price plummeted 28.1% this week.

So what's the key point?

The $115 billion all-stock transaction value for Marvell Technology's acquisition of Lumenum has been announced.

Source The Motley Fool +1 · View original ↗

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