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DOJ Sues To Block HPE’s $14B Acquisition Of Juniper Networks Deal: 5 Things To Know
 · 16hCourthouse News Service
The US Justice Department sues Hewlett Packard to block $14 billion merger with Juniper
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.
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.
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$14 billion Hewlett Packard acquisition blocked
The Justice Department has blocked Hewlett-Packard Enterprise Co.’s (HPE) proposed $14 billion takeover of a communications rival. According to a recent report, Juniper Networks Inc. (Juniper) has been the focus of the ongoing saga.
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
New Orleans City Business20h
Justice Department sues to block $14B Juniper buyout by Hewlett Packard Enterprise
The Justice Department sued to block Hewlett Packard Enterprise's $14 billion acquisition of rival Juniper Networks on Thursday.
Feds move to block $14B Hewlett Packard-Juniper merger
The lawsuit said that the combination of businesses would eliminate competition, raise prices and reduce innovation.
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.
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.
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US Justice Department sues to block $14 billion Juniper buyout by Hewlett Packard Enterprise
The US Justice Department sued to block Hewlett Packard Enterprise's $14 billion acquisition of rival Juniper Networks on Thursday, the first attempt to stop a merger by a new Trump administration that is expected to take a softer approach to mergers.
Justice Department sues to block Hewlett Packard, Juniper merger
The Department of Justice (DOJ) on Thursday sued to block Hewlett Packard Enterprises from acquiring Juniper Networks, arguing that the merger between the nation’s second- and third- largest
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DoJ blocks HPE’s $14bn Juniper acquisition
Hewlett Packard Enterprise (HPE) announced its $14bn deal to buy Juniper Networks in January 2024It received European Commission approval in AugustBut the US
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.