>>7784677 (lb)
>Juniper Networks BoD
>https://www.juniper.net/us/en/company/leadership/#tab=dtabs-2>>7784625
>>7784833 (lb)
>Juniper is owned by Elliot Management
https://www.thestreet.com/markets/mergers-and-acquisitions/juniper-networks-agrees-to-deal-with-elliott-management-12438028
Feb 21, 2014
Juniper Networks(JNPR) - Get Report said on Thursday evening it had reached a deal with hedge fund Elliott Management that will have the activist fund support the company's operating plan through 2015 in exchange for two seats on its board.
In developing its plans, Juniper said it engaged in constructive discussions with Elliott Management. Juniper reached an agreement with the hedge fund to support its proposals and said on Thursday it would nominate Kevin DeNuccio and Gary Daichendt as new independent directors.
"(Thursday's) announcement is an incredibly positive development for Juniper and its shareholders," Jesse Cohn, a portfolio manager at Elliott Management, said in a statement.