Citi was not lead on the Lumentum deal…

Given all the misinformation on the platform, thought this deserve its own post…Citi initially LIED about being the “lead financial advisor” on the LITE/MRVL deal which was subsequently reposted as “a financial advisor” once the client found out and got upset. It really goes to show how dishonest some people in the industry really are… if anything Citi was the second among equals relative to Evercore who was sole advisor prior to Citi being brought in during the last hour. Citi was only listed first as they complained to the client since Evercore was initially listed first. Anyone close to this deal knows this to be the case and anyone saying otherwise doesn’t know what they are talking about…