BUZZ-Hewlett Packard, Juniper fall after DOJ sues to block deal
ReutersJan 30, 2025 5:46 PM
Shares of Hewlett Packard Enterprise HPE.N fall over 3% to $20.95, and Juniper Networks JNPR.N drop 3.4% to $33.94
The U.S. Department of Justice sues to block HPE's $14 billion acquisition of JNPR
DOJ argues that the deal would eliminate competition; says HPE trained its engineers and salespeople to "beat" Juniper when competing for contracts
HPE fell ~26% in 2024, while JNPR rose 27%
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