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Marvell and Lumentum shareholders unite in panning merger deal: ‘It’s a trash offer’

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MarketWatch Top StoriesBy Hannah Pedone
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Marvell and Lumentum shareholders unite in panning merger deal: ‘It’s a trash offer’
Photo / Coverage: MarketWatch Top StoriesCredit: Hannah Pedone
EXECUTIVE SUMMARY

Shares of both companies fell Monday after Marvell said it reached an all-stock agreement to buy Lumentum.

Key Takeaways

  • Marvell and Lumentum shareholders unite in panning merger deal: ‘It’s a trash offer’.
  • Shares of both companies fell Monday after Marvell said it reached an all-stock agreement to buy Lumentum.
  • Shares of both companies fell Monday after Marvell said it reached an all-stock agreement to buy Lumentum.

Shares of both companies fell Monday after Marvell said it reached an all-stock agreement to buy Lumentum.

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