We are investigating the fairness of the proposed sale of WideOpenWest, Inc. (NYSE: WOW) (“WOW”) to DigitalBridge Group and Crestview Partners for $5.20 per share in cash.
According to WOW’s annual proxy, Crestview Partners is currently WOW’s largest shareholder with ownership of approximately 37% of WOW’s common stock. Crestview Partners has agreed to roll over its equity into the post-close entity, which is an opportunity that is not being made available to public stockholders.
Additionally, the sale was approved upon the recommendation of a purportedly independent special committee (“Special Committee”) of the board of directors (“Board”) of WOW, which indicates that there was a potential conflict of interest affecting certain members of the Board.
If you remain a WOW shareholder and have concerns about the fairness of the price, you may contact our firm to discuss your legal rights at no charge by completing and submitting the form below.
Why is there an investigation?
On August 11, 2025, WOW announced that it had agreed to be sold to DigitalBridge Group and Crestview Partners for $5.20 per share in cash.
According to WOW’s annual proxy, Crestview Partners is currently WOW’s largest shareholder with ownership of approximately 37% of WOW’s common stock.
Crestview Partners has agreed to roll over its equity into the post-close entity, which is an opportunity that is not being made available to public stockholders. Crestview Partners has also entered into a voting and support agreement under which it has agreed to vote all of its WOW shares in favor of the transaction.
Further, the sale was approved upon the recommendation of a purportedly independent Special Committee of the Board, which indicates that there was a potential conflict of interest affecting certain members of the Board.
Finally, the sale price is below WOW’s 52-week high of $5.80 per share, which indicates an opportunistic purchase.
“We are investigating whether the WOW Special Committee acted in the best interests of WOW shareholders in recommending the merger,” explained Joshua Fruchter, a founding partner of Wohl & Fruchter. “This includes whether the members of the WOW Special Committee were truly independent, whether the sale price is fair to WOW shareholders, and whether all material information regarding the transaction has been fully disclosed.”