HPE Gets Day in Court as State AGs Challenge $14 Billion Deal

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000US Stocks:Hewlett Packard Enterprise Inc. faces a crucial hurdle Monday to reaping the benefits of its $14 billion takeover of wireless networking rival Juniper Networks Inc., as a federal judge considers whether the Trump administration improperly approved an antitrust settlement that a group of states claim was tainted.HPE reached a deal with the US Justice Department in June — on the eve of a trial — on federal claims that the transaction would harm competition in the market for enterprise wireless equipment used by large companies, universities and hospitals. But the states allege the DOJ only agreed to the terms under pressure from administration officials and a group of well-connected lawyers and consultants.