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$WideOpenWest (WOW.US)$ NEWS NYSE WOW ALERT Potential Merger...
NEWS
NYSE WOW ALERT Potential Merger between WideOpenWest and DigitalBridge Investments Being Investigated Shareholders Encouraged to Contact BFA LLP for Information
On May 3, 2024, WideOpenWest received an unsolicited non-binding preliminary proposal from DigitalBridge Investments and Crestview entities to purchase all outstanding shares not owned by Crestview for $4.80 per share in cash. Bleichmar Fonti & Auld LLP (BFA) is investigating whether the proposal is fair and if the board of directors is conflicted. Shareholders are encouraged to obtain more information and explore legal options. Representation is on a contingency fee basis, with no upfront costs for shareholders. For more details, visit BFA's website or contact their attorneys.
Positive
WideOpenWest received a buyout offer of $4.80 per share in cash.
BFA is investigating potential conflicts of interest, which might protect shareholder interests.
Legal representation is offered on a contingency fee basis, reducing financial risk for shareholders.
BFA has a strong track record in securities class actions, recently recovering substantial sums from notable companies.
Negative
The proposal is unsolicited and non-binding, indicating uncertainty and potential for rejection.
The investigation might uncover conflicts or unfair practices by WideOpenWest's board, potentially harming investor trust.
The offer price may be perceived as undervaluing the company's shares, leading to dissatisfaction among shareholders.
Positive
WideOpenWest received a buyout offer of $4.80 per share in cash.
BFA is investigating potential conflicts of interest, which might protect shareholder interests.
Legal representation is offered on a contingency fee basis, reducing financial risk for shareholders.
BFA has a strong track record in securities class actions, recently recovering substantial sums from notable companies.
Negative
The proposal is unsolicited and non-binding, indicating uncertainty and potential for rejection.
The investigation might uncover conflicts or unfair practices by WideOpenWest's board, potentially harming investor trust.
The offer price may be perceived as undervaluing the company's shares, leading to dissatisfaction among shareholders.
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