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.
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.
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.
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.
The Justice Department has filed a lawsuit to block Hewlett Packard Enterprise's $14 billion acquisition of Juniper Networks. The lawsuit claims the merger would eliminate competition, potentially increase prices,
The Justice Department is challenging Hewlett Packard Enterprise’s $14 billion bid for Juniper Networks, arguing the deal would stifle competition in enterprise
The U.S. Justice Department has sued to block tech giant HPE from acquiring Juniper Networks, the networking firm, citing antitrust concerns.
Hewlett Packard is set to merge with Juniper for $14 billion. However, the U.S. Justice Department is suing to block the merger.
The US Department of Justice (DOJ) on Thursday filed a complaint in a court to block Hewlett Packard Enterprise’s $14 billion acquisition deal for Juniper Networks
DOJ argued that the acquisition would eliminate competition and would lead to only two companies 'Cisco Systems and HPE' controlling more than 70 per cent of the US market for networking equipment
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 and third-largest companies providing wireless networking solutions for large corporate customers.