US states can intervene in case over HPE's $14 billion Juniper acquisition, judge rules
Reuters
Nov 19
US states can intervene in case over HPE's $14 billion Juniper acquisition, judge rules
Nov 18 (Reuters) - A group of U.S. states can intervene in a case over Hewlett-Packard Enterprise's HPE.N $14 billion acquisition of Juniper Networks JNPR.MX, which the U.S. Department of Justice has proposed to settle and let the deal move forward, a judge said during a hearing on Tuesday.
U.S. District Judge Casey Pitts in San Jose, California said Colorado and a other states can weigh in on the deal, but did not decide whether he will probe the circumstances under which it was reached, which the states have called suspicious.
(Reporting by Jody Godoy in New York; Editing by Chris Reese)
((jody.godoy@tr.com))
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.