tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Four Senators urge Inspector General review of Juniper buyout

Four Democratic Senators sent a letter to the Acting Inspector General of the United States seeking a review of HP Enterprise’s (HPE) takeover of Juniper. The letter states in part: “We write to urge you to investigate the circumstances surrounding the U.S. Department of Justice’s proposed settlement of its lawsuit challenging Hewlett Packard Enterprise Co.’s acquisition of Juniper Networks, Inc., including the recent termination of two senior officials in its Antitrust Division. The DOJ’s choice to settle this lawsuit, reportedly over the objections of the Antitrust Division and despite the fact that the settlement does not appear to address the competition concerns presented by the DOJ’s own complaint, raises significant concerns that the deal was motivated by improper business and political considerations.”

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1