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Core Scientific Shareholders Oppose CoreWeave Merger Terms
Image Credits: The image is sourced from https://ft.com
1 year ago

Core Scientific Shareholders Oppose CoreWeave Merger Terms

Global

News Summary

CoreWeave’s proposed $9 billion acquisition of data centre landlord Core Scientific is encountering resistance from some of Core Scientific’s major shareholders. These shareholders plan to vote against the merger unless its terms are revised in the coming weeks. The potential revolt comes amidst concerns over the merger conditions, highlighting significant shareholder dissatisfaction with the current deal structure.

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Core Scientific shareholders balk at terms of CoreWeave merger offer

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Core Scientific's shareholders balk at terms of CoreWeave merger offer - FT reports

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Core Scientific's shareholders balk at terms of CoreWeave merger offer

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Core Scientific shareholders balk at terms of CoreWeave merger offer - FT reports

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Core Scientific shareholders balk at terms of CoreWeave merger offer - FT reports

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