Marvell and Lumentum shareholders unite in panning merger deal: ‘It’s a trash offer’
Published . Updated .
Shares of both companies fell Monday after Marvell said it reached an all-stock agreement to buy Lumentum.
Directly affected
- No company is named in this report.
Indirectly affected
- No related companies are mapped for this report yet.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
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Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Shares of both companies fell Monday after Marvell said it reached an all-stock agreement to buy Lumentum.
Source: MarketWatch
This story
12 out of 100
“Marvell and Lumentum shareholders unite in panning merger deal: ‘It’s a trash offer’” scores 12 out of 100. The score uses 1 sources.