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Marvell To Acquire Lumentum In $115 Bln All-Stock Deal

(RTTNews) - Marvell Technology, Inc. (MRVL), a fabless semiconductor company, said Monday that it has agreed to acquire optical and photonic products maker Lumentum Holdings Inc. (LITE) in an all-stock deal with an implied enterprise value of $115 billion.

We haven't written up this one. Nasdaq Markets has the full story — the link below goes straight to it.

Also reported by 3 other outlets

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