acquire

Marvell to acquire Lumentum for $115 billion in record AI connectivity deal as shares fall 3%

by
Marvell Technology to acquire optical components maker Lumentum in a $115 billion AI connectivity deal. (REUTERS/Eduardo Munoz/File Photo) (REUTERS)

Marvell Technology shares fell more than 3% on Monday after the chipmaker announced a $115 billion deal to acquire optical components maker Lumentum. Lumentum shares also fell after the announcement. Marvell Technology to acquire optical components maker Lumentum in a $115 billion AI connectivity deal. (REUTERS/Eduardo Munoz/File Photo) (REUTERS) The $115 billion deal could become … Read more

DoorDash to acquire Instacart in $17 billion deal to expand grocery delivery business

by
DoorDash plans to acquire grocery delivery company Instacart in a $17 billion deal. (Unsplash)

DoorDash announced plans to acquire Instacart in a deal valued at $17 billion on Thursday morning. Instacart is a grocery delivery company that helps customers order groceries from local stores. DoorDash plans to acquire grocery delivery company Instacart in a $17 billion deal. (Unsplash) DoorDash is mainly known for delivering restaurant food. The acquisition will … Read more

EQT to acquire Range Resources in $50 billion deal to create largest US natural gas producer

by
EQT to acquire Range Resources in a $50 billion natural gas deal. (REUTERS)

EQT Corp said on Monday that it would acquire Range Resources in an all-stock deal valued at more than $50 billion, including debt. The companies said the deal would create the largest vertically integrated natural gas producer in the United States. EQT to acquire Range Resources in a $50 billion natural gas deal. (REUTERS) Under … Read more

An 8,000-acre South Carolina forest was bought for conservation after drawing developer interest; the state now plans to acquire 4,148 acres for a new Carvers Bay State Forest

by
An 8,000-acre South Carolina forest was bought for conservation after drawing developer interest; the state now plans to acquire 4,148 acres for a new Carvers Bay State Forest

A major land purchase in Georgetown County, South Carolina, is moving ahead as local officials support plans to turn 4,148 acres in Carvers Bay into a new state forest. According to a report by the Coastal Observerthe Georgetown County Board of Education voted to send formal letters of support to the South Carolina Forestry Commission … Read more