Companies

Investigation Launched into WideOpenWest's Merger Terms: Is $4.80 Per Share Adequate?

Published June 16, 2024

The legal team at Bleichmar Fonti & Auld LLP is conducting an investigation into the recent merger agreement between WideOpenWest, Inc. WOW and entities under the umbrella of DigitalBridge Group, Inc. DBRG and Crestview Partners. At the heart of this probe is the deal price of $4.80 per share offered to WideOpenWest's shareholders, which BFA Law aims to determine if it reflects the true value of the company.

Background on WideOpenWest, Inc. WOW

WideOpenWest, Inc. WOW stands as a prominent provider of high-speed internet, cable television, and digital telephony services within the U.S. market. Located in Englewood, Colorado, the company has carved out a significant presence in the telecommunications industry, catering to both residential and corporate clienteles.

DigitalBridge Group, Inc. DBRG - An Overview

DigitalBridge Group, Inc. DBRG, known previously as Colony Capital, Inc., operates as a global investment firm recognized for pinpointing and leveraging principal secular trends within the real estate segment. With its roots firmly planted in Los Angeles, DigitalBridge also maintains a robust presence in international locales, including Boca Raton, New York, and London, supported by a workforce exceeding 350 individuals distributed amongst 20 sites in 11 nations.

The Merger Investigation

Legal experts at Bleichmar Fonti & Auld LLP are scrutinizing the fairness of the buyout price proposed to WideOpenWest shareholders. Investors holding WideOpenWest stock are urged to engage with BFA Law to participate in the ongoing inspection of the merger terms. This action underscores the urgency with which stakeholders should evaluate their legal options in the face of this key corporate transaction.

Investigation, Merger, Shareholders