WideOpenWest, Inc. (WOW), a broadband services provider, confirmed on Friday that it has received an offer of acquisition from DigitalBridge Investments, LLC and various Crestview entities for $4.80 per share in cash.
WideOpenWest said that its Board intends to form a special committee of independent directors to evaluate the proposal.
WOW was trading up by 24.54 percent at $4.691 in the pre-market trade on the New York Stock Exchange.
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