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