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Shareholders and ISS Advise Against CoreWeave’s $9 Billion Bid for Core Scientific
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12 months ago

Shareholders and ISS Advise Against CoreWeave’s $9 Billion Bid for Core Scientific

Global

News Summary

CoreWeave’s $9 billion bid to acquire Core Scientific has faced significant opposition from shareholders and Institutional Shareholder Services (ISS). Two Seas Capital, one of Core Scientific’s largest shareholders, has publicly opposed the bid, citing a flawed sale process. ISS has also advised shareholders to reject the offer, emphasizing investor preference for maintaining Core Scientific’s independence.

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Shareholders reject $9bn CoreWeave offer for Core Scientific

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ISS Urges Shareholders to Reject CoreWeave's $9bn Bid for Core ...

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ISS advises against CoreWeave's $9B bid for Core Scientific

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