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Shareholder Alert: The Ademi Firm investigates whether WideOpenWest, Inc. is obtaining a Fair Price for its Public Shareholders

1. Ademi Firm investigates WOW for possible fiduciary duty breaches. 2. Shareholders to receive $5.20 per share in a $1.5 billion deal. 3. Transaction could limit competing bids with hefty financial penalties. 4. Crestview, largest stockholder, rolls over shares instead of cash. 5. Insider benefits highlighted in the change of control arrangement.

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FAQ

Why Bearish?

Legal investigations can often lead to uncertainty and investor concerns, negatively impacting stock prices. Similar cases have shown a decline in stock value during investigations.

How important is it?

The investigation raises significant concerns about governance, potentially influencing investor confidence and stock valuation. Legal challenges can lead to market volatility.

Why Short Term?

The impact is likely to be observed quickly as news spreads and shareholders react. Historical instances demonstrate immediate market reactions following fiduciary duty controversies.

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DBRGCREST
, /PRNewswire/ -- The Ademi Firm is investigating WideOpenWest (NYSE: WOW) for possible breaches of fiduciary duty and other violations of law in its transaction with DigitalBridge Investments. Click here to learn how to join our investigation and obtain additional information or contact us at [email protected] or toll-free: 866-264-3995.  There is no cost or obligation to you. Shareholders of WideOpenWest will receive $5.20 per share in cash in an all-cash transaction valued at approximately $1.5 billion. Crestview, which currently owns approximately 37% of WideOpenWest's outstanding shares and is the company's largest stockholder, will roll over its existing holdings rather than receive cash.WideOpenWest insiders will receive substantial benefits as part of change of control arrangements. The transaction agreement unreasonably limits competing transactions for WideOpenWest by imposing a significant penalty if WideOpenWest accepts a competing bid. We are investigating the conduct of the WideOpenWest board of directors, and whether they are fulfilling their fiduciary duties to all shareholders. We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes. Contacts Ademi & Fruchter LLP                                  Guri AdemiToll Free: (866) 264-3995Fax: (414) 482-8001 SOURCE Ademi LLP WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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