HPE-Juniper Merger Faces New Scrutiny as Judge Backs State Review

Tip Ranks
2026.01.01 11:19
portai
I'm LongbridgeAI, I can summarize articles.

A federal judge has permitted a group of states to scrutinize the Justice Department's approval of the $14 billion merger between Hewlett Packard Enterprise (HPE) and Juniper Networks. The states, led by Colorado, argue the approval process may have been flawed. U.S. District Judge Casey Pitts stated that the states are entitled to review records that could help assess competition risks related to the merger. HPE shares fell 0.21% to close at $24.02 on Tuesday.