Marvell to Acquire Lumentum in All-Stock Merger
Lumentum stockholders will receive 4.500 Marvell shares for each Lumentum share. Three Lumentum directors, including CEO Michael Hurlston, will join the combined company's board.
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MARVELL TECHNOLOGY INC: LUMENTUM TO PAY TERMINATION FEE EQUAL TO $2.9 BLN IF DEAL TERMINATED UNDER S
Lumentum Holdings stockholders will receive 4.500 shares of Marvell Technology for each share owned in an all-stock merger creating a semiconductor and photonics supplier. Three Lumentum directors, including President and CEO Michael Hurlston, will join the board of the combined company, which will…