Core Scientific shareholders balk at terms of CoreWeave merger offer
Some investment funds may vote against deal unless protections are added to limit the potential downside
Some investment funds may vote against deal unless protections are added to limit the potential downside

New filing shows internal deliberations that preceded takeover deal that has rankled some shareholders

Hedge fund Two Seas Capital says tie-up’s structure is ‘deficient’ and could undervalue the target

Deal’s collapse could hurt CoreWeave plans to meet growth plans that have driven soaring stock price

Data centre group has ridden wave of enthusiasm for artificial intelligence

Director Jack Cogen offloads stake with an aggregate market value of about $300mn

Flood of money into evergreen vehicles has meant 7.5% share carved out in fund terms no longer sufficient