Hewlett Packard, Juniper Networks to Defend $14-Billion Deal Following US DoJ's Antitrust Lawsuit

MT Newswires Live

Jan 31, 2025

Hewlett Packard Enterprise (HPE) and Juniper Networks (JNPR) said Thursday they will "vigorously defend" their proposed deal in court following the US Justice Department's decision to file a lawsuit to block the $14 billion transaction on antitrust grounds.

"We believe the Department of Justice's analysis of this acquisition is fundamentally flawed and we are disappointed in its decision to file a suit attempting to prohibit the closing of the transaction," Hewlett Packard and Juniper Networks said in a joint statement.

In a complaint filed Thursday, the DoJ said the proposed deal would increase concentration in the wireless local-area network market and could potentially reduce competition.

Hewlett Packard and Juniper Networks said they would "vigorously defend" against the DoJ's "overreaching interpretation of antitrust laws."

The companies added that they remained fully committed to the deal and believed they would prevail in litigation.

Shares of Hewlett Packard fell 2.2%, while Juniper Networks declined 2.1% in recent trading.

Price: 21.18, Change: -0.48, Percent Change: -2.24

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2507967467"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2507967467\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2507967467?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-01-31 02:56","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2507967467","market":"sg","top_or_hot":-1,"title":"Hewlett Packard, Juniper Networks to Defend $14-Billion Deal Following US DoJ's Antitrust Lawsuit","media":"MT Newswires Live","content":"<html><body><p> Hewlett Packard Enterprise (HPE) and Juniper Networks (JNPR) said Thursday they will \"vigorously defend\" their proposed deal in court following the US Justice Department's decision to file a lawsuit to block the $14 billion transaction on antitrust grounds.</p><p>\"We believe the Department of Justice's analysis of this acquisition is fundamentally flawed and we are disappointed in its decision to file a suit attempting to prohibit the closing of the transaction,\" Hewlett Packard and Juniper Networks said in a joint statement.</p><p>In a complaint filed Thursday, the DoJ said the proposed deal would increase concentration in the wireless local-area network market and could potentially reduce competition.</p><p>Hewlett Packard and Juniper Networks said they would \"vigorously defend\" against the DoJ's \"overreaching interpretation of antitrust laws.\"</p><p>The companies added that they remained fully committed to the deal and believed they would prevail in litigation.</p><p>Shares of Hewlett Packard fell 2.2%, while Juniper Networks declined 2.1% in recent trading.</p><p>Price: 21.18, Change: -0.48, Percent Change: -2.24</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hewlett Packard, Juniper Networks to Defend $14-Billion Deal Following US DoJ's Antitrust Lawsuit</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHewlett Packard, Juniper Networks to Defend $14-Billion Deal Following US DoJ's Antitrust Lawsuit\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-01-31 02:56</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Hewlett Packard Enterprise (HPE) and Juniper Networks (JNPR) said Thursday they will \"vigorously defend\" their proposed deal in court following the US Justice Department's decision to file a lawsuit to block the $14 billion transaction on antitrust grounds.</p><p>\"We believe the Department of Justice's analysis of this acquisition is fundamentally flawed and we are disappointed in its decision to file a suit attempting to prohibit the closing of the transaction,\" Hewlett Packard and Juniper Networks said in a joint statement.</p><p>In a complaint filed Thursday, the DoJ said the proposed deal would increase concentration in the wireless local-area network market and could potentially reduce competition.</p><p>Hewlett Packard and Juniper Networks said they would \"vigorously defend\" against the DoJ's \"overreaching interpretation of antitrust laws.\"</p><p>The companies added that they remained fully committed to the deal and believed they would prevail in litigation.</p><p>Shares of Hewlett Packard fell 2.2%, while Juniper Networks declined 2.1% in recent trading.</p><p>Price: 21.18, Change: -0.48, Percent Change: -2.24</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4170","symbol_name":"电脑硬件、储存设备及电脑周边","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2507967467","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2507967467","pubTimestamp":1738263376,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Hewlett Packard Enterprise (HPE) and Juniper Networks (JNPR) said Thursday they will \"vigorously defend\" their proposed deal in court following the US Justice Department's decision to file a lawsuit t","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4170":"电脑硬件、储存设备及电脑周边","BK4515":"5G概念","HPE":"慧与科技","BK4020":"通信设备","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","BK4588":"碎股","BK4585":"ETF&股票定投概念","JNPR":"瞻博网络"},"translate_title":"美国司法部提起反垄断诉讼后，惠普和瞻博网络将为140亿美元的交易辩护","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HPE":0.9,"JNPR":1},"content_text":"Hewlett Packard Enterprise (HPE) and Juniper Networks (JNPR) said Thursday they will \"vigorously defend\" their proposed deal in court following the US Justice Department's decision to file a lawsuit to block the $14 billion transaction on antitrust grounds.\"We believe the Department of Justice's analysis of this acquisition is fundamentally flawed and we are disappointed in its decision to file a suit attempting to prohibit the closing of the transaction,\" Hewlett Packard and Juniper Networks said in a joint statement.In a complaint filed Thursday, the DoJ said the proposed deal would increase concentration in the wireless local-area network market and could potentially reduce competition.Hewlett Packard and Juniper Networks said they would \"vigorously defend\" against the DoJ's \"overreaching interpretation of antitrust laws.\"The companies added that they remained fully committed to the deal and believed they would prevail in litigation.Shares of Hewlett Packard fell 2.2%, while Juniper Networks declined 2.1% in recent trading.Price: 21.18, Change: -0.48, Percent Change: -2.24","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,policyRegulatory","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}