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.
Juniper was so far advanced in its artificial intelligence capabilities, HPE felt so threatened that it tried to buy them out ...
This was the stock's second consecutive day of losses.
The US Justice Department sued to block Hewlett Packard Enterprise's $14 billion acquisition of rival Juniper Networks on ...
DOJ argued that the acquisition would eliminate competition and would lead to only two companies 'Cisco Systems and HPE' ...
Hewlett Packard Enterprise Co. closed 6.93% below its 52-week high of $24.66, which the company reached on January 22nd.
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