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Marvell will acquire Lumentum in a deal valued at $115 billion. 💵 The transaction would be the largest merger between two publicly traded companies on record. Lumentum shareholders will get 4.5 shares of Marvell stock for every Lumentum share they own. The agreement generates an enterprise value of approximately $115 billion, or $1,132 per share, a 23.9% premium over Lumentum's Oct. 28 closing share price. #marvell #lumentum #ai
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Marvell will acquire Lumentum in a deal valued at $115 billion. 💵 The transaction would be the largest merger between two publicly traded companies on record. Lumentum shareholders will get 4.5 shares of Marvell stock for every Lumentum share they own. The agreement generates an enterprise value of approximately $115 billion, or $1,132 per share, a 23.9% premium over Lumentum's Oct. 28 closing share price. #marvell #lumentum #ai
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Apple reported its Q4 earnings, beating expectations on the top and bottom lines with $114.4 billion in revenue. 📱 iPhone sales were strong this quarter, with $57.58 billion in sales. #apple #iphone #tech #earnings #report
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