US DOJ sues to block Hewlett Packard Enterprise's $14 billion Juniper deal
Shares of network equipment maker fell about 3% while the server maker's stock was down about 2%. The DOJ argued that the acquisition would eliminate competition and would lead to two companies — Cisco Systems and HPE — controlling more than 70% of the U.
Juniper Networks stock falls after DOJ sues to block HPE merger
Investing.com -- Shares of Juniper Networks (NYSE: NYSE: JNPR) fell 3%, and HPE (NYSE: HPE) saw a 2% decline after the Department of Justice (DOJ) filed a lawsuit aiming to prevent the companies' planned merger, citing concerns over reduced competition in the enterprise wireless equipment market.
Juniper Networks shares fell 6% as the DOJ may block its acquisition by HPE, creating uncertainty about deal completion.
Regulatory drama threatens Juniper's merger with HPE while AI-native networking bets could fuel a major comeback.
Juniper Networks has unveiled several changes to its partner program for 2025, emphasising AI-native solutions and enhanced ...
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