Wohl & Fruchter LLP investigates fairness of WideOpenWest sale to DigitalBridge Group and Crestview Partners.

Wohl & Fruchter LLP is investigating the fairness of WideOpenWest's proposed $5.20 per share sale to DigitalBridge Group and Crestview Partners. Crestview, WOW's largest shareholder, will roll over its equity, while public shareholders will not. The sale was approved by a special committee of the board, which may have a conflict of interest. If you are a WOW shareholder with concerns about the fairness of the price, you can contact the firm for discussion.

Title: WideOpenWest's $1.5 Billion Takeover: Fairness Under Scrutiny

WideOpenWest (WOW!), a leading broadband provider in the United States, has entered into a definitive agreement to be taken private by DigitalBridge Group and Crestview Partners. The transaction, valued at approximately $1.5 billion, offers $5.20 per share in cash to public shareholders [1]. The price represents a 37.2% premium to the unaffected price of $3.79, prior to the initial non-binding offer of $4.80 submitted by the purchaser group on May 2, 2024, and a 63% premium to the closing price on Friday, August 8, 2025 [2].

The transaction is expected to close by the end of the year or in the first quarter of 2026, subject to the satisfaction of closing conditions, including receipt of stockholder approval and required regulatory approvals [2]. Crestview, WOW!'s largest shareholder, has agreed to roll over all of its WOW! shares, while public shareholders will receive the cash offer [1]. The special committee of the WOW! Board of Directors has unanimously approved the transaction, with the recommendation of a special committee of independent and disinterested directors [2].

However, the fairness of the transaction is under scrutiny. Wohl & Fruchter LLP is investigating the fairness of the $5.20 per share sale, given that Crestview, the largest shareholder, will roll over its equity, while public shareholders will not. This arrangement could potentially create a conflict of interest, as Crestview stands to gain from the transaction while public shareholders may receive a lower price [1].

If you are a WOW shareholder with concerns about the fairness of the price, you can contact Wohl & Fruchter LLP for discussion. The firm is reviewing the transaction to ensure that it is in the best interest of all shareholders.

References:
[1] https://seekingalpha.com/news/4483547-wideopenwest-to-be-taken-private-by-digitalbridge-group-and-crestview-partners-in-15b-transaction
[2] https://www.morningstar.com/news/pr-newswire/20250811sf48900/wideopenwest-wow-inc-to-be-taken-private-by-digitalbridge-group-inc-and-crestview-partners-in-15-billion-transaction