US Justice Department sues to block HPE’s $14 billion Juniper buy
DOJ cited reduced competition in the wireless market as the biggest problem with the proposed $14 billion sale of Juniper Networks to Hewlett Packard Enterprise. The vendors say they plan to “vigorously defend the transaction in court.
US DOJ Sues to Block Hewlett Packard Enterprise's $14 Billion Juniper Deal
(Reuters) -The Department of Justice has sued to block Hewlett Packard Enterprise's $14 billion deal to acquire Juniper Networks, according to a complaint filed on Thursday in a federal court in California. Shares of network equipment maker fell about 3% while the server maker's stock was down about 2%.
Juniper was so far advanced in its artificial intelligence capabilities, HPE felt so threatened that it tried to buy them out ...
The challenge to Hewlett Packard Enterprise’s acquisition of Juniper Networks came as many in corporate America had expected ...
Hewlett Packard is set to merge with Juniper for $14 billion. However, the U.S. Justice Department is suing to block the ...
The US Department of Justice has sued to block Hewlett Packard Enterprise’s $14 billion deal to acquire networking gear maker ...
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