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Core Scientific Inc. shares jumped in late trading after a key proxy adviser said a takeover bid by CoreWeave Inc. undervalues the data center company. Institutional Shareholder Services Inc.
A major proxy advisor Institutional Shareholder Services on Monday panned the CoreWeave-Core Scientific deal ahead of a shareholder vote at the end of the month. Core Scientific shares rose Tuesday ...
On the surface, the proposed acquisition of Core Scientific by CoreWeave makes a lot of sense as a simple vertical integration—a company buying a supplier. But the proxy advisory firm Institutional ...