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Cases & Investigations
WideOpenWest, Inc.

Type: Investigations

Defendant(s): WideOpenWest, Inc.; Crestview Partners

Stock Symbol: WOW

Wolf Popper LLP is investigating a possible case challenging the transaction whereby WideOpenWest (WOW) is being taken private by DigitalBridge Group, Inc. and Crestview Partners.  Crestview holds 37% of WOW’s shares, has four directors on WOW’s board of directors, and is rolling over all of its shares in the transaction.  While a special committee was formed to consider the transaction, an approval vote by the non-Crestview shareholders was specifically rejected making it nearly a “done deal.”  The result is that the $5.20 per share cash-out price is likely unfair to the company’s unaffiliated shareholders.

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