Juniper Networks Stock Falls as Justice Department Moves to Block Takeover by HP Enterprise -- Barrons.com

Dow Jones

Jan 31, 2025

By Mackenzie Tatananni

Juniper Networks stock fell Thursday after the Justice Department moved to block a planned acquisition of the networking company by Hewlett Packard Enterprise.

The Justice Department filed a complaint in California federal court that seeks to block the merger on antitrust grounds. The $14 billion deal was first announced in January 2024.

Shares of Juniper Networks declined 2.9% to $34.04, while HP Enterprise stock was down 1.2% to $21.41.

This is breaking news. Check back for updates soon.

Write to Mackenzie Tatananni at mackenzie.tatananni@barrons.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

January 30, 2025 12:13 ET (17:13 GMT)

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The $14 billion deal was first announced in January 2024. \n</p>\n<p>\n     Shares of Juniper Networks declined 2.9% to $34.04, while HP Enterprise stock was down 1.2% to $21.41. \n</p>\n<p>\n     This is breaking news. Check back for updates soon. \n</p>\n<p>\n     Write to Mackenzie Tatananni at mackenzie.tatananni@barrons.com \n</p>\n<p>\n     This content was created by Barron's, which is operated by Dow Jones &amp; Co. 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The $14 billion deal was first announced in January 2024. \n\n\n     Shares of Juniper Networks declined 2.9% to $34.04, while HP Enterprise stock was down 1.2% to $21.41. \n\n\n     This is breaking news. Check back for updates soon. \n\n\n     Write to Mackenzie Tatananni at mackenzie.tatananni@barrons.com \n\n\n     This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 30, 2025 12:13 ET (17:13 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}