Low Offers for Instant On Undercut HPE’s Juniper Merger Remedy | PYMNTS.com

The sales process, described in court records reviewed by Bloomberg, offers a rare public look at how merger remedies may work after a settlement with federal antitrust authorities. It also adds fuel to an ongoing fight over whether the package of assets HPE is selling is substantial enough to preserve competition following the Juniper deal.

HPE’s efforts focused on its Instant On networking business, which the company agreed to sell under a June agreement with the U.S. Department of Justice. That deal allowed the Juniper acquisition to move forward, but it is still being challenged by a group of state attorneys general who argue the remedy is insufficient. According to Bloomberg, states maintain…