LUMN news

Marvell Technology announced a definitive agreement to acquire Lumentum Holdings in an all-stock transaction valued at approximately $12.5 billion, creating a leading infrastructure play.

Marvell Technology and Lumentum Holdings entered into a definitive agreement to merge in a business combination valued at approximately $9.0 billion, aiming to combine their optical networking and connectivity technologies.

Lumen Technologies intends to transfer the listing of its common stock and Qwest Corporation notes from the NYSE to Nasdaq as part of its strategic transformation into an AI-focused enterprise networking company.

Lumen Technologies and subsidiary Qwest Corporation completed exchange offers converting $977.5M of 6.5% notes due 2056 and $660M of 6.75% notes due 2057 into new notes due 2051-2052 with consent solicitation fees. The transaction reduces long-term debt maturity risk by shifting obligations to earli…

Lumen Technologies filed amended and restated articles of incorporation detailing authorized capital structure of 2.2 billion common shares and 2 million preferred shares. The filing is a routine corporate governance document with no material operational or financial impact on the company.

Level 3 Financing, Inc. (Lumen subsidiary) executed an indenture for $7.500% senior notes maturing in 2037 with U.S. Bank Trust Company as trustee. The debt offering represents a refinancing activity for the telecommunications company to manage its capital structure.

Lumen Technologies and Qwest Corporation initiated an exchange offer to allow holders of 6.5% Notes due 2056 and 6.75% Notes due 2057 to exchange for new notes with Lumen providing unsecured guarantees. The transaction aims to refinance existing debt obligations through a registered exchange offer w…

Lumen Technologies completed the divestiture of its Mass Markets fiber-to-the-home business across 11 states to AT&T subsidiary Forged Fiber 37, LLC on February 2, 2026, for $5.75 billion in cash consideration. The asset sale reflects Lumen's strategic portfolio optimization and reduces the company'…

Lumen Technologies and subsidiaries received $1.41B in tender offers for outstanding notes with $765.9M accepted for purchase as of May 19, 2026. The early settlement is expected May 21, 2026, representing a significant debt reduction effort for the telecommunications company.