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Big investor threatens proxy fight over CoreWeave’s deal for Core Scientific

Big investor threatens proxy fight over CoreWeave’s deal for Core Scientific
business8/7/2025

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

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. One of Core Scientific’s biggest investors has threatened to launch a proxy battle against CoreWeave’s planned purchase of the group, arguing that the deal’s str... [2473 chars]