financetom
Business
financetom
/
Business
/
HPE-Juniper deal should be probed, Democratic AGs tell court
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
HPE-Juniper deal should be probed, Democratic AGs tell court
Sep 7, 2025 3:13 PM

(This story has been refiled to replace an incorrect picture)

By Jody Godoy

(Reuters) -Attorneys general from Colorado and 19 other states on Friday called for a court to consider rejecting a U.S. Department of Justice's settlement allowing Hewlett-Packard Enterprise to acquire Juniper Networks for $14 billion. 

The letter from the Democratic attorneys general is the latest development over the DOJ's decision to drop its attempt to block the merger, which a former DOJ official has said was influenced by politically connected lobbyists.

"If, upon exposing the settlement to sunlight, the evidence establishes that it was the product of undue influence, then the court should reject it as against the public interest," Colorado Attorney General Phil Weiser wrote.

Shortly after Trump took office in January, the Justice Department sued to block the deal, alleging it would stifle competition and lead to only two companies - Cisco Systems and HP Enterprise - controlling more than 70% of the U.S. market for networking equipment.

Ahead of a scheduled trial in San Jose, California, the DOJ agreed to drop its claims in June, in exchange for HP Enterprise agreeing to license some of Juniper's AI technology to competitors and sell off a unit that caters to small and mid-sized businesses.

A month later, two of the DOJ antitrust division officials who signed off on the deal were fired. Sources described the move as retaliation against Gail Slater, head of the antitrust division, for pushing back on orders from DOJ leadership to settle the case.

Roger Alford, one of the fired officials, said afterwards in a speech that two of Attorney General Pam Bondi's deputies "perverted justice" and acted inconsistently with the rule of law in connection with the settlement.

The court should hear testimony from Alford along with DOJ officials and consultants who represented HP Enterprise, the states said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Paccar Insider Sold Shares Worth $2,796,585, According to a Recent SEC Filing
Paccar Insider Sold Shares Worth $2,796,585, According to a Recent SEC Filing
Feb 3, 2025
03:17 AM EST, 02/03/2025 (MT Newswires) -- R Preston Feight, Director, Chief Executive Officer, on January 31, 2025, sold 25,200 common shares in Paccar ( PCAR ) for $2,796,585. Following the Form 4 filing with the SEC, Feight has control over a total of 223,015 shares of the company, with 206,129 shares held directly and 16,886 controlled indirectly. SEC Filing:...
Paccar Insider Sold Shares Worth $11,565,682, According to a Recent SEC Filing
Paccar Insider Sold Shares Worth $11,565,682, According to a Recent SEC Filing
Feb 3, 2025
03:15 AM EST, 02/03/2025 (MT Newswires) -- Darrin C Siver, Executive Vice President, on January 31, 2025, sold 103,671 common shares in Paccar ( PCAR ) for $11,565,682. Following the Form 4 filing with the SEC, Siver has control over a total of 85,163 shares of the company, with 61,005 shares held directly and 24,158 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/75362/000122520825001009/xslF345X05/doc4.xml...
BRIEF-Arthur J. Gallagher & Co. Acquires W K Webster & Co Ltd
BRIEF-Arthur J. Gallagher & Co. Acquires W K Webster & Co Ltd
Feb 3, 2025
Feb 3 (Reuters) - Arthur J. Gallagher & Co. ( AJG ): * ARTHUR J. GALLAGHER & CO. ( AJG ) ACQUIRES W K WEBSTER & CO LTD * ARTHUR J. GALLAGHER & CO. ( AJG ): TERMS OF TRANSACTION WERE NOT DISCLOSED. Source text: Further company coverage: ...
Weave Communications Insider Sold Shares Worth $3,376,583, According to a Recent SEC Filing
Weave Communications Insider Sold Shares Worth $3,376,583, According to a Recent SEC Filing
Feb 3, 2025
03:14 AM EST, 02/03/2025 (MT Newswires) -- Blake G Modersitzki, Director, on January 29, 2025, sold 204,491 common shares in Weave Communications ( WEAV ) for $3,376,583. Following the Form 4 filing with the SEC, Modersitzki has control over a total of 999,333 shares of the company, with 111,097 shares held directly and 888,236 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1609151/000141588925002615/xslF345X05/form4-02012025_120235.xml ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved