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Posted by
Two Blokes Jun 30 -
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Stock
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Hewlett Packard Enterprise Co (NYSE:HPE, ETR:2HP) shares rose on Monday after the US Department of Justice (DOJ) approved its $14 billion all-cash acquisition of Jupiter Networks (NYSE:JNPR). The DOJ had filed a lawsuit to block the merger over concerns it would reduce competition in wireless local area network (WLAN) technology, but HPE, Juniper, and the DOJ have reached a settlement.