Juniper Networks denies allegations in US DOJ lawsuit to block $14 billion merger with HPE
(Reuters) – Juniper Networks denied the allegations by the U.S. Department of Justice, after the agency sued to block Hewlett Packard Enterprise’s $14 billion all-cash takeover of the networking gear maker, according to a court filing. Last month, the DOJ argued in its complaint that the proposed deal would stifle competition and lead to Cisco Systems and HPE controlling more than 70% of the U.S. market for networking equipment. The complaint does not correctly represent … Read more…