Rumor
Marvell is reportedly in advanced talks to buy Lumentum
MarketWatch reports Lumentum shares rose in extended trading October 28 as the company emerged as a possible takeover target.
TLDR
Bloomberg, citing people familiar with the matter, reports Marvell is in advanced talks to buy data center optics maker Lumentum. The people said a deal could be announced as soon as the week of November 2. MarketWatch reports Lumentum shares rose in extended trading October 28.
Combined views
28.2K
2 Sources, first seen ago