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HPE-Juniper Merger Impeded by DOJ: What Should Investors Do?DOJ has put forward its case by stating that the HPE-Juniper merger would undermine the competitive fabric of the networking market by reducing the number of market players. At present ...
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GlobalData on MSNElliott Investment Management acquires $1.5bn stake in HPEElliott Investment Management has amassed a stake exceeding $1.5bn in software and networking company Hewlett Packard ...
The DOJ’s justification? A vague claim that HPE and Juniper’s union would “increase concentration in an already concentrated market.” This argument is both misleading and economically ...
As standalone companies, HPE and Juniper compete in various equipment and networking markets serving a variety of customers. But the DOJ claims a consolidation problem in only one market ...
Bloomberg reported on April 15 that Elliott Investment Management has built a $1.5 billion stake in HPE, and a source familiar with the move confirmed the investment to the Houston Business Journal.
In addition to the DOJ challenge, HPE also lowered its second quarter ... However, Morgan Stanley does believe the Juniper transaction will likely be approved. "We continue to believe that the ...
Hewlett Packard Enterprise’s (NYSE:HPE) board of directors is expected to meet in the coming days to discuss a proposal from Elliott Investment Management to replace CEO Antonio Neri, according to ...
Shares of Hewlett Packard Enterprise jumped nearly 7% after Elliott Management took a more than $1.5 billion stake in the technology company, a person familiar with the matter told CNBC. The activist ...
Elliott Investment Management has acquired a $1.5 billion stake in HPE and wants to talk about increasing the company's value ...
Investing.com -- Morgan Stanley downgraded Hewlett Packard Enterprise (NYSE: HPE) to Equal Weight from Overweight, citing ...
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