Marvell Technology (MRVL) Secures Chinese Regulatory Approval for Cavium (CAVM) Acquisition
Get Alerts MRVL Hot Sheet
Price: $262.36 +1.93%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.1%
EPS Growth %: +44.7%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.1%
EPS Growth %: +44.7%
Join SI Premium – FREE
Marvell (NASDAQ: MRVL), a leader in storage, networking, and connectivity semiconductor solutions, today announced that China's State Administration for Market Regulation has approved the company's previously announced merger transaction with Cavium, Inc (Nasdaq: CAVM). The merger remains subject to customary closing conditions and Marvell currently expects the merger to close in July 2018.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Sixth Street renews bid for Brighthouse Financial amid rival deal delays
- Willdan to buy Mantis Innovation for $285M in cash
- FirstLine Venture Partners acquires $150,000 in Forward Water units
Create E-mail Alert Related Categories
Hot M&A, Mergers and Acquisitions, PoliticsRelated Entities
Definitive AgreementSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share