Marvell to acquire optical component maker Lumentum in massive $115B deal
Marvell Technology Inc. today announced plans to acquire Lumentum Holdings Inc. for $115 billion. Lumentum investors are set to receive 4.5 Marvell shares for every unit of stock they own. That translates to about $1,132 per share, which is 23.9% higher than the company’s last unaffected stock…