Thread regarding Juniper Networks Inc. layoffs

Need Info following hpe acquistion

I have some stock in Juniper from ESPP and RSU.

  1. Does Juniper pay dividends till the merger is completed?
  2. Will we get cash or the stock will be converted to HPE stock?

Appreciate your response

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| 1831 views | | 4 replies (last February 13, 2024) | Reply
Post ID: @OP+1qvbxoPJ

4 replies (most recent on top)

Given its 37 now , plus add the 2+% dividend, its a guaranteed 10+% for 1 year. Isn't it better to hold?

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Post ID: @ycnx+1qvbxoPJ

They technically would.

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Post ID: @ytc+1qvbxoPJ

What about dividend payments, will jnpr continue paying this year.

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Post ID: @vlv+1qvbxoPJ

This seems to be an all-cash deal. Any JNPR stock you have on the day of closure will be paid $40. You won't get HPE stock.
I won't wait till the Deal is closed. I would now sell anything that is not short-term and invest that into performing index funds. The difference would be made by the time deal closes ( likely end of 2024 or early 2025 ).

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Post ID: @kcz+1qvbxoPJ

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