Core Scientific Shareholders Reject $9B CoreWeave Deal
TL;DR Summary
CoreWeave terminated its $9 billion all-stock merger with Core Scientific after shareholders rejected the deal, leading to a decline in CoreWeave's stock. The deal's rejection reflects ongoing investor caution despite the growing AI cloud market, with CoreWeave continuing to operate its data centers and serve major clients like OpenAI and Microsoft.
- CoreWeave Terminates Core Scientific Deal After Shareholders Reject Offer Investor's Business Daily
- Core Scientific shareholders kill $9B CoreWeave deal Axios
- This Bitcoin Miner's Shareholders May Reject A $9B Buyout—And the CEO Says He Won't Budge on Price Yahoo Finance
- Core Scientific Announces Preliminary Results of Special Meeting of Stockholders Core Scientific
- Core Scientific Investors Spurn CoreWeave Takeover in Vote Bloomberg.com
Reading Insights
Total Reads
0
Unique Readers
2
Time Saved
2 min
vs 3 min read
Condensed
88%
441 → 51 words
Want the full story? Read the original article
Read on Investor's Business Daily