WideOpenWest WOW Stock Rises with Acquisition Deal at 63% Premium

WideOpenWest Inc. (WOW) has agreed to be acquired by DigitalBridge Investments and Crestview Partners at a $1.5 billion valuation, representing a 63% premium over the latest trading price. Analysts project a 67.16% potential upside, with a consensus "Hold" rating and a future GF Value of $4.60, indicating a 36.09% potential upside from the current price.

Englewood, Colo. — WideOpenWest Inc. (WOW), a leading broadband provider in the United States, has agreed to be acquired by DigitalBridge Investments and Crestview Partners in a transaction valued at approximately $1.5 billion. The deal represents a significant premium, with the acquisition price of $5.20 per share translating to a 63% increase over the latest trading price of $3.79.

The acquisition will see affiliated investment funds of DigitalBridge and Crestview purchasing all outstanding shares of WOW! not already owned by Crestview, with Crestview agreeing to roll over its existing shares. The transaction is expected to close by the end of 2025 or in the first quarter of 2026, subject to stockholder and regulatory approvals.

WideOpenWest's CEO Teresa Elder expressed excitement about the transaction, highlighting the potential for new opportunities for investors, employees, and customers. The company's board of directors has unanimously approved the acquisition, with a special committee of independent directors recommending the transaction after a thorough review process.

DigitalBridge and Crestview anticipate investing in expanding and upgrading WOW!'s networks, adopting new technologies, and ensuring the organization has the resources needed to continue delivering fast, reliable internet service and a high-quality customer experience at competitive prices.

Analysts project a 67.16% potential upside for the transaction, with a consensus "Hold" rating and a future GF Value of $4.60, indicating a 36.09% potential upside from the current price. The transaction is expected to be completed with an enterprise value of $1.5 billion, representing a 37.2% premium to the unaffected price of $3.79, prior to the initial non-binding offer of $4.80.

The acquisition is subject to various risks and uncertainties, including the potential for litigation, disruptions to business operations, and the ability to retain key personnel. The transaction is expected to close by the end of the year or in the first quarter of 2026, subject to the satisfaction of the closing conditions.

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