AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
_6ff029a61766633234293.png?format=webp&width=1186&height=250)
WideOpenWest Shareholders: Halper Sadeh Investigates Fairness of $5.20 Per Share Sale to DigitalBridge and Crestview Partners
ByAinvest
Monday, Aug 11, 2025 7:28 pm ET1min read
Halper Sadeh LLC is investigating whether the $5.20 per share sale of WideOpenWest, Inc. to affiliates of DigitalBridge Investments and Crestview Partners is fair to shareholders. The firm is looking into whether WideOpenWest and its board of directors breached their fiduciary duties by failing to obtain the best possible consideration and disclose all material information necessary for shareholders to assess the merger consideration. Shareholders are encouraged to contact Halper Sadeh to learn more about their legal rights and options.
Halper Sadeh LLC, a prominent legal firm specializing in corporate law, has initiated an investigation into the fairness of the $5.20 per share acquisition of WideOpenWest, Inc. (WOW) by affiliates of DigitalBridge Investments and Crestview Partners. The firm is examining whether WOW and its board of directors have breached their fiduciary duties by not obtaining the best possible consideration and disclosing all material information necessary for shareholders to assess the merger consideration.The acquisition, announced on August 11, 2025, involves a transaction where DigitalBridge Investments and Crestview Partners will acquire all outstanding shares of WOW for $5.20 per share, with an enterprise value of approximately $1.5 billion. This represents a premium of 37.2% to the unaffected price of $3.79 prior to the initial non-binding offer of $4.80 on May 2, 2024, and a 63% premium to the closing price on August 8, 2025 [1].
Halper Sadeh LLC is questioning whether this premium is fair and whether the board of directors has fulfilled its fiduciary duties. Shareholders are encouraged to contact Halper Sadeh to learn more about their legal rights and options. The investigation comes at a critical time for WOW shareholders, who are seeking transparency and assurance that their interests are being protected.
The acquisition is expected to close by the end of 2025 or in the first quarter of 2026, subject to stockholder approval and regulatory approvals. Upon completion, WOW will no longer be traded or listed on any public securities exchange [1].
References:
[1] https://www.prnewswire.com/news-releases/wideopenwest-wow-inc-to-be-taken-private-by-digitalbridge-group-inc-and-crestview-partners-in-1-5-billion-transaction-302526854.html
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet