WOW Shareholders Should Contact Shareholder Rights Firm Julie & Holleman LLP Regarding Potential Legal Claims Over Unfair Merger
1. Julie & Holleman is investigating WOW's acquisition for fairness.
2. The proposed buyout price of $5.20 per share is considered too low.
3. Legal claims are being pursued due to perceived conflicts of interest.
4. WOW's stock price targets range up to $6.50 per share by analysts.
5. Crestview Partners already holds a 37% stake in WOW.
The investigation and lower buyout proposal can signal undervaluation and potential instability, similar to past cases that led to stock price drops when shareholder rights were under threat.
How important is it?
The article highlights critical developments concerning WOW's acquisition, influencing investor confidence and stock valuation.
Why Short Term?
Immediate investigation findings can quickly sway market sentiment and stock price, as seen in similar M&A contexts where shareholder concerns led to volatility.
NEW YORK, Aug. 18, 2025 (GLOBE NEWSWIRE) -- Julie & Holleman LLP, a top-tier shareholder rights firm, is investigating the proposed acquisition of WideOpenWest, Inc. (NYSE:WOW) by its largest stockholder, private equity firm Crestview Partners, and investment firm DigitalBridge Investments, LLC. The law firm has already uncovered conflicts of interest and believes the $5.20 per share deal price is too low.
WOW! is one of the nation's leading broadband providers, with a network spanning 20 markets across the Midwest and Southeast. The company has a bright future, and Wall Street analysts have established one-year stock price targets averaging $5.65 per share, with a high target of $6.50 per share.
Despite WOW!'s prospects, the company announced on August 11, 2025 that it had entered into an agreement to be taken private for $5.20 per share. Crestview, which already owns 37% of WOW!'s stock, will partner with DigitalBridge to buyout the rest of the company's shares.
Julie & Holleman, whose attorneys have helped secure hundreds of millions of dollars in prior cases, is pursuing potential legal claims based on the apparent unfairness of the deal. The firm is concerned about conflicts arising from the fact that key insiders are continuing on with the company while public WOW! stockholders are being cashed out for a price that is well below the company's true value.
Julie & Holleman is a boutique law firm that focuses on shareholder litigation, including derivative actions, mergers and acquisitions cases, securities fraud class actions, and corporate investigations. The firm's attorneys litigate in state and federal courts across the nation and have helped secure hundreds of millions of dollars for aggrieved companies and their shareholders. For more information about the firm, please visit www.julieholleman.com. This notice may constitute attorney advertising.
Julie & Holleman LLP W. Scott Holleman, Esq. 157 East 86th Street 4th Floor New York, NY 10028 (929) 415-1020 www.julieholleman.com