Core Scientific Investors Spurn CoreWeave Takeover in Vote

Bloomberg TechnologyThursday, October 30, 2025 at 2:23:37 PM
NegativeTechnology
Core Scientific Investors Spurn CoreWeave Takeover in Vote
Core Scientific Inc. shareholders have turned down a takeover bid from CoreWeave Inc., which was deemed to undervalue the company by proxy advisers. This decision marks the end of a contentious saga that has unfolded over several months, highlighting the ongoing challenges in the data center industry and the differing valuations placed on companies within this sector.
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