Juniper Networks adds two directors in agreement with Elliott

(Reuters) - Juniper Networks Inc appointed two independent directors to its board and said activist investor Elliott Management Corp would support the network gear maker's nominations. The Wall Street Journal reported in December that Juniper and Paul Singer-controlled Elliott were in talks about adding a number of new directors to the company's board. Elliott and its associates held an 8.7 percent stake in Juniper as of November. Juniper, which appointed Jim Dolce and Rahul Merchant to its board, said Elliott would vote in favor of the company's nominees at its annual meeting.



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