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Hewlett Packard Enterprise closes Nimble Storage buy

Hewlett Packard Enterprise Co. on April 13 closed its acquisition of Nimble Storage Inc. for a transaction value of $1.07 billion.

The company offered $12.5 per share for the stake.

In addition to general closing conditions, the deal required additional review for antitrust concerns.

Merrill Lynch Pierce Fenner & Smith Inc. was the financial adviser for Hewlett Packard Enterprise, and Wachtell Lipton Rosen & Katz LLP was the legal adviser.

Goldman Sachs & Co. LLC was the financial adviser for Nimble Storage, while Fenwick & West LLP was the legal adviser.