CoreWeave CEO Stands Firm on $9B Core Scientific Offer as Shareholder Opposition Mounts
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CoreWeave's CEO, Michael Intrator, is facing significant pushback from shareholders regarding a $9 billion acquisition offer for Core Scientific. Despite describing the deal as a 'nice to have,' influential advisory firms like ISS and major investors are urging shareholders to reject the proposal. This situation highlights the challenges companies face when attempting large acquisitions, especially when investor sentiment is not aligned, making it a critical moment for CoreWeave's future.
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