24/7 Market News Snapshot 11 August, 2025 – WideOpenWest, Inc. Common Stock (NYSE:WOW)

August 11, 2025

DENVER, Colo., 11 August, 2025 (www.247marketnews.com) – (NYSE:WOW) are discussed in this article.
WideOpenWest, Inc. (WOW!) has recently shown impressive market performance, jumping from an opening price of $3.21 to a current value of $5.00 during today’s trading session, marking an increase of 56.77%. This notable rise in stock price reflects heightened investor confidence and strong interest in the company, with trading volumes reaching approximately 2.03 million shares. Such momentum brings WideOpenWest into focus within the competitive telecommunications sector.

In a significant development for its stakeholders, WOW! also announced a definitive agreement for the acquisition of all outstanding shares not already owned by Crestview Partners, by affiliated investment funds of DigitalBridge Investments. The purchase price is set at $5.20 per share, which ascribes a valuation of around $1.5 billion for the company. This figure represents a 37.2% premium over WOW!’s trading price prior to the initial acquisition proposal disclosed in May 2024, and signifies an exceptional 63% premium compared to its closing price as of early August 2025.

CEO Teresa Elder hailed the acquisition as a pivotal moment destined to unlock new investment opportunities and growth avenues. Phil Seskin, Chair of WOW!’s Board’s special committee, affirmed that this transaction provides stockholders with the most favorable return, thanks to the notable premium over recent trading prices.

As part of the acquisition, DigitalBridge and Crestview aim to bolster WOW!’s network infrastructure and embrace advanced technological innovations. Brian Cassidy, President of Crestview, emphasized the dual advantage of the deal, offering immediate value to stockholders while positioning WOW! with robust capital support for future enhancements.

The WOW! Board has unanimously backed the acquisition, which is projected to conclude by year-end 2025, contingent on stockholder endorsement and requisite regulatory approvals. This transition signifies a transformative phase for WOW!, as it prepares for its evolution from public trading to private ownership, reinforcing its dedication to providing exceptional broadband services.

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