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 Hewlett Packard Enterprise’s Bid for Juniper Networks
The Justice Department on Thursday sued to block the tie-up, a $14 billion deal that would join the second- and third-largest companies providing wireless networking solutions for large corporate customers.
Courthouse News Service3h
The US Justice Department sues Hewlett Packard to block $14 billion merger with Juniper
Hewlett Packard is set to merge with Juniper for $14 billion. However, the U.S. Justice Department is suing to block the merger.
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.
U.S. Sues to Block Tech Deal in First Antitrust Action of Trump Term
The challenge to Hewlett Packard Enterprise’s acquisition of Juniper Networks came as many in corporate America had expected a lighter touch under a new administration.
CRN7h
HPE, Juniper Networks Fire Back At DOJ Suit As ‘Fundamentally Flawed,’ Expects To ‘Prevail In Litigation’
HPE and Juniper Networks criticized the DoJ lawsuit to stop its $14 billion acquisition of Juniper Networks as “fundamentally flawed” and pledged to do battle in the courts to complete the deal.
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.
Hewlett Packard Enterprise and Juniper Networks Strongly Oppose Department of Justice’s Decision to File Suit to Block Acquisition
Hewlett Packard Enterprise (NYSE:HPE) and Juniper Networks, Inc. (NYSE:JNPR) today responded to the filing of a complaint by the U.S. Department of Justice seeking to prohibit closing of HPE’s propose
Network World6h
Timeline of HPE’s $14 billion bid for Juniper
An antitrust lawsuit filed by the DOJ poses an obstacle to HPE’s proposed acquisition of Juniper, but the vendors say they plan to vigorously defend the transaction.
Info Risk Today3h
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 would stifle competition in enterprise
US Justice Department sues to block HPE’s $14B acquisition of Juniper Networks
The U.S. Justice Department has sued to block tech giant HPE from acquiring Juniper Networks, the networking firm, citing antitrust concerns.
Justice Department sues to block $14 billion Juniper buyout by Hewlett Packard Enterprise
U.S. government regulators sued to block Hewlett Packard Enterprise’s $14 billion acquisition of rival Juniper Networks on Thursday, saying the combination would eliminate competition, raise prices and reduce innovation.