[Jefferies: Core Scientific Shareholders May Reject Merger with CoreWeave] According to CoinDesk, investment bank Jefferies stated that Core Scientific (CORZ) shareholders are expected to vote against the merger proposal with CoreWeave (CRWV) on October 30. The report noted that CORZ's stock price is approximately 18% higher than the merger offer, indicating that investors believe the deal undervalues the company. Jefferies maintains a 'Buy' rating for CORZ and has raised the target price to $24, citing the company's potential for independent growth driven by demand for AI data centers.