Justice Department sues to block HPE’s $14B Juniper acquisition
The U.S. Justice Department has filed suit to block Hewlett Packard Enterprise Co.’s proposed acquisition of Juniper Networks Inc. for $14 billion. Officials submitted the complaint today to the U.S. District Court for the Northern District of California.
US DOJ moves to block HPE acquisition of Juniper Networks
The US Department of Justice (DOJ) has filed a lawsuit to prevent Hewlett Packard Enterprise's (HPE) proposed $14bn deal to acquire rival Juniper Networks. HPE agreed to acquire networking gear maker Juniper Networks in an all-cash deal for $40 per share, valuing the latter at about $14bn, in January 2024.
We recently published a list of 10 AI Stocks on Latest News and Ratings. In this article, we are going to take a look at ...
The Justice Department is challenging Hewlett Packard Enterprise’s $14 billion bid for Juniper Networks, arguing the deal ...
Short HPE slightly under 22.27, target 20.13, stop loss @ 22.33 Check the time stamp on this data. Updated AI-Generated ...
Juniper was so far advanced in its artificial intelligence capabilities, HPE felt so threatened that it tried to buy them out ...
Dept. of Justice may sue to block HPE's acquisition of Juniper Networks due to concerns over competition with Cisco.
This was the stock's second consecutive day of losses.
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