SHAREHOLDER NEWS: Johnson Fistel Investigates Proposed Sale of Juniper Networks to Hewlett Packard
Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Juniper Networks (NYSE: JNPR) (“Juniper” or “the Company”) breached their fiduciary duties in connection with the proposed sale of the Company by Hewlett Packard Enterprise (NYSE:HPE).
On January 10, 2024, Juniper announced that it had entered a deal to merge with HPE. Under the terms of the deal, Juniper shareholders will receive $40.00 per share in an all-cash offer.
The investigation concerns whether the Juniper board failed to satisfy its duties to the Company shareholders, including whether the board adequately pursued alternatives to the acquisition and whether the board obtained the best price possible for Juniper shares of common stock.
If you are a shareholder of Juniper and believe the proposed buyout price is too low or you’re interested in learning more about the investigation, please contact lead analyst Jim Baker (email@example.com) at 619-814-4471. If emailing, please include a phone number.
About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia, and Colorado. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com.
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James Baker, Investor Relations or Frank J. Johnson, Esq., (619) 814-4471
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