WideOpenWest Shareholders: Halper Sadeh Investigates Fairness of $5.20 Per Share Sale to DigitalBridge and Crestview Partners

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