Terms Modestly Improved

20%its chance, of the story’s futures

0.0%on the S&P 500, if it happens

Marvell adjusts the economics after Lumentum investors resist a no-premium merger. The most likely revision is a modestly richer exchange ratio rather than a large cash premium, because Marvell has already faced pressure over potential overpayment.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.

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