WideOpenWest (WOW) surged ~47% premarket after agreeing to be acquired by DigitalBridge and Crestview Partners for $5.20/share in cash, valuing the broadband provider at $1.5 billion. The offer is a 54% premium to Monday's close. The deal, backed by WOW's board and major shareholder Crestview, is expected to close by early 2026, after approvals.
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04:35 pm on
12 Aug