HPE, Juniper Networks Stocks Surge as DOJ Approves $14 Billion Merger
HPE, Juniper Networks Stocks Surge as DOJ Approves $14 Billion Merger Hewlett Packard Enterprise (HPE) and Juniper Networks (JNPR) shares experienced significant jumps Monday following the Department of Justice’s (DOJ) approval of HPE’s $14 billion acquisition of Juniper. The landmark deal, which had faced a DOJ lawsuit filed in January over concerns about market competition in wireless local area network (WLAN) technology, received the green light after a settlement was reached. As part of the agreement, HPE will divest its…