Knology Inc. (KNOL) announced Wednesday morning that it agreed to be acquired by a subsidiary of WOW! Internet, Cable & Phone for $19.75 per share in an all-cash transaction.
Knology gapped up sharply Wednesday, but traded in a narrow range throughout the session. Shares closed higher by 1.35 at $19.40 on the highest volume of the year. Knology closed challenging the upper end of a month and a half long range at the highs of the year.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.