Binance Research(@BinanceResearch):Bloomberg says Marvell is close to buying Lumentum. Usual takeover math: the buyer $MRVL drops because it's the one paying the premium, and the target jumps because it's the one getting paid. $LITE perp was up 14% within an hour of the 5pm ET headline, then gave most of it back overnight. Nobody's pricing the deal as done yet. #Marvell #Lumentum #MRVL #LITE #AI

2026.10.29 06:23

Bloomberg says Marvell is close to buying Lumentum. Usual takeover math: the buyer $MRVL drops because it's the one paying the premium, and the target jumps because it's the one getting paid. $LITE perp was up 14% within an hour of the 5pm ET headline, then gave most of it back overnight. Nobody's pricing the deal as done yet. #Marvell# #Lumentum# #MRVL# #LITE# #AI#

Bloomberg@business

2026.10.28 23:50

Marvell is in advanced talks to buy data center optics maker Lumentum, according to sources, a potential megadeal amid the race to scale up in the artificial intelligence sector

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