CoreWeave Stands Firm on Core Sci Bid; Glass Lewis Joins Critics

WATCH: “We’re very comfortable that the way that we have priced it is appropriate for us,” CEO Michael Intrator says when asked about CoreWeave’s bid for Core Scientific.Source: Bloomberg

CoreWeave Inc. won’t increase its $9 billion offer for data center provider Core Scientific Inc., the company’s CEO said, just as another proxy adviser recommended investors vote against the deal.

“We’re very comfortable that the way that we have priced it is appropriate for us,” Chief Executive Officer Michael Intrator said on stage at Bloomberg Technology in London on Tuesday. “If there’s someone else that would like to step in, they can step in.”