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.
Justice Department sues to block $14 billion acquisition by Hewlett Packard Enterprise.
The DOJ sees the proposed acquisition of AI-native network company Juniper Networks as a way for HPE to scoop up a “smaller, innovative rival,” and further consolidate a market in enterprise networking.
Justice Department Sues to Block Hewlett Packard Enterprise’s Bid for Juniper Networks
WASHINGTON—The Justice Department on Thursday sued to block the tie-up of Hewlett Packard Enterprise and Juniper Networks, a $14 billion deal that would join the second-largest and third-largest providers of wireless networking solutions for large corporate customers.
Hewlett Packard Enterprise Shares Fall As US Department Of Justice Sues To Block Juniper Acquisition
Hewlett Packard Enterprise shares are trading lower Thursday after the U.S. Department of Justice (DOJ) filed an antitrust lawsuit to block its proposed $14 billion acquisition of Juniper Networks.
DOJ sues to block HP Enterprise from buying Juniper Networks
The Justice Department on Thursday sued to block Hewlett Packard Enterprise from buying Juniper Networks for $14 billion. Why it matters: This is the first antitrust case filed by the Trump administration,
Hewlett Packard Enterprise And Juniper Networks Oppose DOJ's Lawsuit To Block Acquisition
Hewlett Packard Enterprise Company (HPE) and Juniper Networks, Inc. Thursday addressed the U.S. Department of Justice's complaint
DOJ sues to block Hewlett Packard Enterprise’s $14 billion Juniper deal
The US Department of Justice has sued to block Hewlett Packard Enterprise’s $14 billion deal to acquire networking gear maker Juniper Networks, arguing that it would stifle competition, according to a complaint filed on Thursday.
Justice Department sues to block $14 billion Juniper buyout by Hewlett Packard Enterprise
Most experts predicted a second Trump administration to ease up on antitrust enforcement and be more receptive to mergers than the previous administration.
HP Enterprise, Juniper ‘oppose’ DOJ’s decision to file suit to block deal
Hewlett Packard Enterprise (HPE) and Juniper Networks (JNPR) responded to the filing of a complaint by the U.S. Department of Justice seeking
Department of Justice sues to block Hewlett Packard Enterprise's $14 billion acquisition of Juniper
The Department of Justice has sued to block a merger involving Houston’s largest publicly traded software company a year after the deal was announced.
HPE, Juniper Networks Shares Slide After DOJ Sues to Block $14B Deal
Shares of HPE have gained 37% in the past year, while shares of Juniper have fallen 7.9% during the same period. The DOJ said that the companies' proposed transaction would eliminate competition, resulting in higher prices,
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DOJ Moves to Block HPE’s $14B Juniper Buy, Citing Antitrust
The Justice Department is challenging Hewlett Packard Enterprise’s $14 billion bid for Juniper Networks, arguing the deal ...
Hewlett Packard Enterprise Co. stock underperforms Tuesday when compared to competitors
This was the stock's second consecutive day of losses.
Maeve Culloty named President and CEO of HPE Financial Services
HOUSTON - Hewlett Packard Enterprise (NYSE: NYSE:HPE), a $28 billion technology giant currently trading at an attractive ...