Marvell Technology (MRVL) Secures Chinese Regulatory Approval for Cavium (CAVM) Acquisition
Tweet
Share
E-mail
Get Alerts MRVL Hot Sheet
Price: $279.04 -9.36%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.2%
Revenue Growth %: +33.8%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.2%
Revenue Growth %: +33.8%
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
- Ryan Cohen drops CEO pay award as GameStop pursues eBay acquisition
- Leifras to acquire Swift Japan childcare operator for ¥454.6 million
- Walmart to acquire Vibe.co connected TV ad platform
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!
