BREAKING: $MRVL is down over 8% post-market after reports that it is in advanced talks to buy data center optics maker Lumentum Holdings. Investors are worried as Lumentum is valued at around 38% of Marvell's $221 billion market cap. The main concern is how much Marvell will pay and whether it will use cash, debt, shares or a combination. A deal could be announced as early as next week, per Bloomberg. Lumentum is up over 12% on the news.
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