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Marvell says not in talks with shareholder KKR on a buyout
Wednesday January 15th 2014, 7:58 pm Filed under Shareholder lawsuit

(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 Pittsburgh, where it is defending against a lawsuit by Carnegie Mellon University alleging patent ... [News Source]