Riot Platforms proposes to buy crypto miner Bitfarms, becomes largest shareholder | Business Information & News | Westlaw

Riot Platforms proposes to buy crypto miner Bitfarms, becomes largest shareholder | Business Information & News | Westlaw

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5/28/24 REUTERS 12:49:54
REUTERS
Copyright (c) 2024 Thomson Reuters
May 28, 2024
Riot Platforms proposes to buy crypto miner Bitfarms, becomes largest shareholder
Krishna Chandra Eluri
Jaiveer Singh Shekhawat; Bengaluru
(Reuters) - Riot Platforms said on Tuesday it has offered to acquire all outstanding shares of Bitfarms for about $950 million in total equity value, even after a private proposal was rejected by the crypto miner's board last month.
"We were...
---- Index References ----
Company: RIOT PLATFORMS, INC.
News Subject: (Business Management (1BU42); Corporate Events (1CR05); Corporate Groups & Ownership (1XO09); Cryptocurrencies (1CC20); Economics & Trade (1EC26); Mergers & Acquisitions (1ME39))
Language: EN
Other Indexing: (Bitfarms Board; Riot Platforms)
Keywords: ma; capmarket
Word Count: 139
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