WIDEOPENWEST INVESTIGATION ALERT: WideOpenWest (NYSE: WOW)

NEW YORK, June 5, 2024 (GLOBE NEWSWIRE) — Leading law firm Bleichmar Fonti & Auld LLP is investigating the merger of WideOpenWest (NYSE: WOW) with DigitalBridge and Crestview. If you have invested in WideOpenWest, please contact BFA Law at https://www.bfalaw.com/cases/wideopenwest-inc-investigation.

Claim details:

On May 3, 2024, WideOpenWest, Inc. announced the receipt of an unsolicited, non-binding preliminary offer from DigitalBridge Investments, LLC and various Crestview entities to purchase all outstanding shares of WOW! that Crestview does not currently own for $4.80 per share in cash. BFA Law is currently investigating the offer to determine whether the board of directors of WideOpenWest, Inc. is involved in a conflict of interest, conducting an unfair process and agreeing to an unfair payout to shareholders.

While the Special Committee may negotiate for higher consideration, we believe Crestview is opportunistically timing the merger negotiations to coincide with a temporary decline in the Company’s stock price. For example, on May 30, 2024, LB Partners, a 7.9% holder of WOW common stock, issued a public letter deriding the $4.80 offer as inadequate. According to that letter, LB Partners believes a “conservative” value for the Company is “above $10.00 per share.” In addition, LB Partners believes Crestview is opportunistically timing the negotiations to capitalize on significant capital investments that are not yet producing a profit.

Shareholders are encouraged to submit their information to learn about their rights.

Submit your information here: https://www.bfalaw.com/cases/wideopenwest-inc-investigation.

Next Steps:

If you currently own shares of WideOpenWest, Inc., you may have legal options available to you, in which case you are encouraged to contact the company.

Representation is on a contingency basis. Shareholders are not responsible for court costs or litigation costs, There are no costs for youThe firm will seek court approval for any fees and expenses.

To speak with an attorney and get more information, visit:

https://www.bfalaw.com/cases/wideopenwest-inc-investigation

Or contact us:
Ross Shikowitz
[email protected]
212-789-2303

Why Bleichmar Fonti & Auld LLP?

Bleichmar Fonti & Auld LLP is a leading international law firm representing plaintiffs in class actions and shareholder derivative litigation. It was named a Top 5 Plaintiffs Firm for 2023 by ISS SCAS and its lawyers have been named Titans of the Plaintiffs’ Bar by Law360 and SuperLawyers by Thompson Reuters. Recent notable successes include BFA recovering over $900 million in value from the board of Tesla, Inc. (subject to court approval), as well as $420 million from Teva Pharmaceutical Ind. Ltd.

For more information about BFA and its attorneys, visit https://www.bfalaw.com.

https://www.bfalaw.com/cases/wideopenwest-inc-investigation

Attorney advertising. Past results do not guarantee future results.