Market Chatter: Hewlett Packard's $14 Billion Deal with Juniper Should Be Probed, Democratic AGs Ask Court

MT Newswires Live
09/06

Hewlett Packard Enterprise's (HPE) antitrust settlement for its $14 billion acquisition of Juniper Networks (JNPR) should be reconsidered for rejection, Colorado's Attorney General and 19 other states have asked a court, Reuters reported Friday.

The US Department of Justice, or DOJ, had initially sued to block the merger in order to protect competition in the country. DOJ later settled the case in June, under certain conditions requiring HP Enterprises to sell Juniper's artificial intelligence tech to competitors and divest a business unit.

In a letter, the Democratic attorneys general expressed concerns over the deal, which a former DOJ official had claimed was influenced by politically connected lobbyists, the report added.

"If, upon exposing the settlement to sunlight, the evidence establishes that it was the product of undue influence, then the court should reject it as against the public interest," wrote Colorado Attorney General Phil Weiser, according to the report.

Both HP Enterprises and Juniper did not respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10