1 / 1 Relevant items tagged with #HostileTakeover

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Bitfarms responds to Riot Platforms’ proposed board changes

[Sep 4 5:20 PM] Riot Platforms called the recent board changes at Bitfarms a “step in the right direction,” but stressed that more change is needed.

Riot Platforms boosts Bitfarms stake with $2.28M share acquisition

[Aug 14 8:49 AM] Riot Platforms continues navigating its complex relationship with Bitfarms while expanding its operations.

Bitfarms forced to stop ‘poison pill’ strategy amid Riot takeover attempt

[Jul 24 10:00 PM] The Ontario Capital Markets Tribunal terminated Bitfarm’s attempt to “poison pill” Riot Farm’s takeover attempt of their firm.

Bitfarms adds board member to deter Riot Platforms takeover

[Jun 28 2:11 AM] 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.

Bitfarms pushes back against Riot’s $950M takeover attempt

[Jun 13 1:50 AM] Riot’s $950 million buyout offer is met with resistance as Bitfarms’ stakeholders and special committee deem it undervalued and not in shareholders’ best interests.

Bitfarms adopts shareholder rights plan as Riot attempts takeover

[Jun 10 12:03 PM] The plan, which passed after Bitfarms’ shareholder meeting, will complicate Riot’s effort but not necessarily stop it from succeeding.