Checked fact 43018 Nov 2026Money and compute

The press release says current Marvell stockholders will own approximately 67% of the combined company on a fully diluted basis, and that the transaction is expected to close in the first half of calendar year 2028.

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The exact words it rests on

current Marvell stockholders will own approximately 67% of the combined company on a fully diluted basis

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 current Marvell stockholders will own approximately 67% of the combined company on a fully diluted basis, and that the transaction is expected to close in the first half of calendar year 2028.” 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/4301

As a reference (APA style)

ai notis. (2026, November 8). The company says: The press release says current Marvell stockholders will own approximately 67% of the combined company on a fully diluted basis, and that the transaction is expected to close in the first half of calendar year 2028 [Checked claim 4301]. ai notis. https://ainotis.com/c/4301

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