Lumentum Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Lumentum Holdings Inc. - LITE
Kahn Swick & Foti, LLC is investigating the adequacy of the price and process in the proposed sale of Lumentum Holdings to Marvell. Under the proposed terms, Lumentum shareholders would receive 4.5 Marvell common shares per Lumentum share.
Why it matters — The investigation concerns the terms and process of Marvell’s proposed acquisition of Lumentum.