Tools / M&A and JV terms
InfraCompute Tools · M&A and JV terms
What the filed deal agreements say.
The merger, preferred equity and joint venture agreements behind data centre and GPU cloud deals, filed on SEC EDGAR: the price, the fees each side pays to walk away, the outside date and the rights in the venture, each in the filed wording.
- Filed agreements
- 10
- Mergers
- 7
- JV and equity
- 3
- Terms quoted
- 35
Side by side
Mergers and take-privates
| Deal | Signed | Consideration | Target fee | Buyer fee | Outside date | Buyer fee ÷ target fee |
|---|---|---|---|---|---|---|
| CoreWeave and Core Scientific Stock merger | 7 July 2025 | 0.1235 CoreWeave Class A shares per share | US$270m | — | 7 April 2026 | |
| Bitfarms and Stronghold Digital Mining Stock merger | 21 August 2024 | 2.520 Bitfarms shares per share | US$5m, in cash or Bitcoin | US$12.5m, in cash or Bitcoin | 21 May 2025, extendable to 21 August 2025 | 2.5x |
| DigitalBridge and IFM and Switch Cash take-private | 11 May 2022 | US$34.25 cash per share | US$260m | US$693m | Six months from signing, with an extension | 2.7x |
| KKR and GIP and CyrusOne Cash take-private (REIT) | 14 November 2021 | US$90.50 cash per share | US$319.5m | US$813.5m | 14 May 2022, with extensions | 2.5x |
| American Tower and CoreSite Cash tender offer and merger (REIT) | 14 November 2021 | US$170.00 cash per share | US$300m | — | 13 May 2022 | |
| Blackstone and QTS Cash take-private (REIT) | 7 June 2021 | US$78.00 cash per share | US$220m; US$128m for a deal with an excluded party from the go-shop | US$805m | 7 December 2021 | 3.7x |
| Digital Realty and DuPont Fabros Stock merger (REIT) | 8 June 2017 | 0.545 Digital Realty shares per share | US$150m | US$300m | 15 November 2017 | 2.0x |
A dash means the filed agreement sets no such fee. The ratio is worked out from the two filed amounts.
Method
Agreements are the exhibits filed on SEC EDGAR; every quotation is checked against the filed document before it is published, and the build stops on any that has not been. The short value beside each quotation is a plain summary of it. Agreements can be amended after filing, and redacted parts stay redacted. Nothing here comments on any party. General information drawn from public filings. It is not legal advice on any transaction, and using this page does not create a lawyer-client relationship. Views are personal.
