In our Nvidia model, we utilized Marvell Technology Group Lt…
In our Nvidia model, we utilized Marvell Technology Group Ltd.’s (Nasdaq: MRVL)’s acquisition of Cavium, Inc. (Nasdaq: CAVM) as a precedent transaction. The press release announcing the transaction just before the market opened on Monday, November 20, 2017, is provided in the Exam Handout. What is the Enterprise Value of Cavium based on the agreed upon transaction? For the sake of clarity, “Capital Leases” should not be considered debt. Round your number to the nearest hundred million.