All the reasons Marvell investors are ‘freaking out’ as Lumentum deal rumors swirl
Summary
Chip maker Marvell is reportedly nearing an acquisition of Lumentum Holdings. Following the news, shares of Lumentum increased in premarket trading. Market analysts have indicated that a potential merger between the two companies makes strategic sense.
Investors are nervous that Marvell would have to pay a big premium — and wait a while for China to approve any deal.
Source: Read the full story at MarketWatch.com - Top Stories
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