Checked fact 43008 Nov 2026Money and compute

The press release says the fixed exchange ratio is 4.500 Marvell shares for each Lumentum share, representing approximately $1,132 per Lumentum share and a premium of approximately 23.9% to the unaffected closing price of 28 October 2026.

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The exact words it rests on

representing approximately $1,132 per share of Lumentum common stock and a premium of approximately 23.9%

What the source said when we opened it, on 8 Nov 2026.

The source

Joint press release: Marvell and Lumentum to Combine (Exhibit 99.1)
Marvell and Lumentum / SEC · 2026-11-02

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Checked

Checked by the notis newsroom on 8 Nov 2026, against the source above.

In the story

Marvell agrees to buy Lumentum at a $115 billion implied enterprise value 8 Nov 2026

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The company says: “The press release says the fixed exchange ratio is 4.500 Marvell shares for each Lumentum share, representing approximately $1,132 per Lumentum share and a premium of approximately 23.9% to the unaffected closing price of 28 October 2026.” ai notis, checked 8 Nov 2026. Source: Joint press release: Marvell and Lumentum to Combine (Exhibit 99.1) (Marvell and Lumentum / SEC). https://ainotis.com/c/4300

As a reference (APA style)

ai notis. (2026, November 8). The company says: The press release says the fixed exchange ratio is 4.500 Marvell shares for each Lumentum share, representing approximately $1,132 per Lumentum share and a premium of approximately 23.9% to the unaffected closing price of 28 October 2026 [Checked claim 4300]. ai notis. https://ainotis.com/c/4300

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