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Iss told investors to vote against coreweave’s $9 billion acquisition of core scientific, saying the target can succeed independently. Institutional shareholder services is advising against the coreweave deal for core scientific and a few large core scientific shareholders are trying to lead the charge to reject the deal. Coreweave ceo stands firm on $9b core scientific offer as shareholder opposition mounts michael intrator calls the deal a “nice to have” as iss and major investors urge shareholders to reject.
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Shareholders have raised opposition to coreweave's acquisition of core scientific saying the price is too low. Coreweave (crwv) will not increase its $9b acquisition offer for core scientific (corz) despite opposition to the deal from some major shareholders. After staying silent on the opposition it received to its proposed $9 billion acquisition of core scientific (corz) from shareholder two seas capital, ai hyperscaler coreweave (crwv) finally responded last week, calling the proposal its “best and final” offer
