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Read about Hewlett Packard Enterprise and Juniper Networks' response to a Justice Department move to block the proposed $14 billion all-cash acquisition deal between the companies.

DOJ cited reduced competition in the wireless market as the biggest problem with the proposed $14 billion sale of Juniper Networks to Hewlett Packard Enterprise. The vendors say they plan to “vigorously defend the transaction in court.

The challenge to Hewlett Packard Enterprise’s acquisition of Juniper Networks came as many in corporate America had expected a lighter touch under a new administration.

Hewlett Packard Enterprise (NYSE:HPE) and Juniper Networks, Inc. (NYSE:JNPR) today responded to the filing of a complaint by the U.S. Department of Justice seeking to prohibit closing of HPE’s propose

An antitrust lawsuit filed by the DOJ poses an obstacle to HPE’s proposed acquisition of Juniper, but the vendors say they plan to vigorously defend the transaction.

Hewlett Packard Enterprise shares are trading lower Thursday after the U.S. Department of Justice (DOJ) filed an antitrust lawsuit to block its proposed $14 billion acquisition of Juniper Networks.

The U.S. Justice Department has filed suit to block Hewlett Packard Enterprise Co.’s proposed acquisition of Juniper Networks Inc. for $14 billion. Officials submitted the complaint today to the U.S. District Court for the Northern District of California.

HPE and Juniper Networks criticized the DOJ lawsuit to stop its $14 billion acquisition of Juniper Networks as “fundamentally flawed” and pledged to do battle in the courts to complete the deal.

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