{"id":240973,"date":"2025-10-21T12:19:12","date_gmt":"2025-10-21T12:19:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/240973\/"},"modified":"2025-10-21T12:19:12","modified_gmt":"2025-10-21T12:19:12","slug":"core-scientific-jumps-after-iss-advises-against-coreweave-deal","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/240973\/","title":{"rendered":"Core Scientific Jumps After ISS Advises Against CoreWeave Deal"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\"><a href=\"https:\/\/www.bloomberg.com\/quote\/1647098D:US\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">Core Scientific Inc.<\/a> shares jumped in late trading after a key proxy adviser said a takeover bid by <a href=\"https:\/\/www.bloomberg.com\/quote\/CRWV:US\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">CoreWeave Inc.<\/a> undervalues the data center company. <\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">Institutional Shareholder Services Inc. recommended that shareholders vote against the all-stock deal, which was <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-07-07\/coreweave-to-buy-core-scientific-in-deal-valued-at-9-billion\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">announced in July<\/a> at a $9 billion valuation. The speed of the M&amp;A process raised questions over whether the Core Scientific board fully evaluated alternatives, including the possibility of reaching out to acquirers in the financial industry, ISS said in a report published on Monday. <\/p>\n","protected":false},"excerpt":{"rendered":"Core Scientific Inc. shares jumped in late trading after a key proxy adviser said a takeover bid by&hellip;\n","protected":false},"author":2,"featured_media":240974,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[181,28,11637,11717,18476,939,7264,30351,112,112213,132802,50008],"class_list":{"0":"post-240973","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-artificial-intelligence","9":"tag-business","10":"tag-chief-executive-officer","11":"tag-core-scientific-inc","12":"tag-coreweave-inc-cl-a","13":"tag-finance","14":"tag-infrastructure","15":"tag-july-sarl-caen","16":"tag-markets","17":"tag-michael-intrator","18":"tag-two-seas-capital-lp","19":"tag-valuation"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/240973","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=240973"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/240973\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/240974"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=240973"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=240973"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=240973"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}