- Entry
- $35.36
- Final
- $39.95 +13.0%
- Target
- $40.00
- Score
- +0.99
alright, degenerates, here’s the breakdown. hewlett packard enterprise (hpe) is set to acquire juniper networks (jnpr) for $14 billion, offering $40 per share, which is a solid premium over where jnpr is trading now. the deal has already cleared the uk’s competition and markets authority (cma), and we’re just waiting on the u.s. department of justice (doj) for the final decision. since the european commission has already approved, there’s some optimism that the doj will follow suit, but nothing is …
— ORIGINAL POST ·
betting big on jnpr: waiting for doj’s green light on hpe’s $40/share offer
· r/wallstreetbets
· Feb 5, 2025