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




