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Juniper Networks looking to go private?
Juniper Networks has reportedly hired investment banker Goldman Sachs to explore taking the company private.The development has the blessing of activist investor Elliott Management, according to the website Benzinga. Elliott owns 4.5% of Juniper and has encouraged the company to look for ways boost shareholder value through restructurings and product portfolio rationalization.Juniper did reorganize last year at the urging of Elliott after multiple quarters of lackluster performance.To read this article in full or to leave a comment, please click here