(Reuters) – Marvell Technology Group Ltd on Wednesday said it is not in talks with KKR & Co on a major transaction such as a buyout, a little over two weeks after the private equity firm reported a 6.8 percent stake. The chipmaker made the disclosure in a filing with the U.S. District Court in […]
Marvell Technology Group Ltd has failed to convince a federal judge to reduce by more than half a $1.17 billion jury verdict for infringing two hard disk drive patents held by Carnegie Mellon University. U.S. District Judge Nora Barry Fischer in Pittsburgh, where Carnegie Mellon is based, on Tuesday denied Marvel’s bid to cut about […]
(Reuters) – Private equity firm KKR & Co LLP has reported a 6.8 percent stake in chipmaker Marvell Technology Group Ltd, according to a regulatory filing. Marvell’s shares rose about 5 percent in extended trading after closing at $13.76 on the Nasdaq on Monday. KKR also said the firm may engage in discussions with the […]
Latest Comments