CoreWeave $9B Core Scientific Deal Collapses After Shareholder Rebellion

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Behind the Scenes: Legal Titans at the Table

The high-profile merger drew a lineup of powerhouse law firms:

  • CoreWeave was advised by Davis Polk & Wardwell LLP and Kirkland & Ellis LLP, with teams led by Michael Gilson, Tierney O’Rourke, Melissa Kalka, and David Feirstein.

  • Core Scientific turned to Wachtell, Lipton, Rosen & Katz, represented by David A. Katz and Karessa L. Cain.

Despite the legal and financial muscle behind it, the deal’s collapse underscores a growing trend in tech-sector mergers — shareholders no longer rubber-stamp mega-deals without clear, long-term value.

As the dust settles, both companies are poised to move forward independently. Yet the fallout from the CoreWeave $9B Core Scientific Deal serves as a cautionary tale — even billion-dollar dreams can vanish with a single shareholder vote.

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