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Juniper to Add Two Directors Supported by Hedge Fund Elliott

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Juniper Networks Inc. will add two independent directors supported by activist hedge fund Elliott Management Corp. as the network-equipment maker works to increase sales.

Jim Dolce and Rahul Merchant will join the board on March 1, Juniper said in a statement Tuesday. Dolce is chief executive officer of Lookout Inc., a mobile-security company. Merchant has his own investment advisory firm.