Market Chatter: CoreWeave Won't Increase Offer for Core Scientific, CEO Says

MT Newswires Live10-21

CoreWeave (CRWV) will not increase its $9 billion offer for Core Scientific despite opposition from certain shareholders, Bloomberg News reported Tuesday, citing Chief Executive Officer Michael Intrator.

Some major Core Scientific shareholders believe the valuation is too low, according to the report.

CoreWeave and Core Scientific did not immediately respond to MT Newswires' request for comment on the matter.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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