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77 sats \ 1 reply \ @Bell_curve OP 8 Jul \ parent \ on: CoreWeave to acquire Core Scientific in $9 billion all-stock deal Stacker_Stocks
Shareholders of Core Scientific will receive 0.1235 CoreWeave shares for each share they hold. That implies a $20.40 per-share valuation and a 66% premium to Core Scientific's closing stock price before deal talks were reported.
After the deal closes, Core Scientific shareholders will own less than 10% of the combined company.
The two companies could have come together earlier. Last year Core Scientific said it had rejected CoreWeave's unsolicited offer to buy all outstanding shares.
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