Marvell ($MRVL) agreed to acquire Lumentum ($LITE) in an all-stock deal valued at about $115 billion; LITE shareholders would receive 4.5 MRVL shares per share, implying roughly $1,132 per share. The post questions why LITE fell despite the deal; the included screenshot shows it at $785.75, down $54.95 (6.54%) premarket. The deal is expected to close in H1 2028, subject to approvals.