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CATEGORY: hostile takeover

Bitfarms adds board member to deter Riot Platforms takeover
Author: Cointelegraph by Arijit Sarkar
United States
Source: Cointelegraph.com News
Jun 29, 2024 12:00

Bitfarms adds board member to deter Riot Platforms takeover

Despite initially planning to buy all Bitfarms shares at $2.30 per share, Riot withdrew the offer, stating that cooperating with Bitfarms current board was difficult.

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Bitfarms adopts shareholder rights plan as Riot attempts takeover
Author: Cointelegraph by Derek Andersen
United States
Source: Cointelegraph.com News
Jun 11, 2024 12:00

Bitfarms adopts shareholder rights plan as Riot attempts takeover

The plan, which passed after Bitfarms shareholder meeting, will complicate Riots effort but not necessarily stop it from succeeding.

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