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WideOpenWest (WOW!), Inc. to be Taken Private by DigitalBridge Group, Inc. and Crestview Partners in $1.5 Billion Transaction
Prnewswire· 2025-08-11 20:51
Core Viewpoint - WideOpenWest, Inc. (WOW!) has entered into a definitive agreement for an all-cash acquisition by DigitalBridge Investments and Crestview Partners, valuing the company at approximately $1.5 billion, with stockholders receiving $5.20 per share, representing a 37.2% premium to the unaffected price prior to the initial offer [1][2]. Company Overview - WOW! is a leading broadband provider in the U.S., serving nearly 2 million customers across 20 markets, primarily in the Midwest and Southeast [7]. - The company offers a range of services including high-speed internet, cable TV, and cloud services, and has been recognized for its exceptional human resources practices [7]. Transaction Details - The acquisition price of $5.20 per share represents a 63% premium to WOW!'s closing price on August 8, 2025 [1]. - Crestview, as WOW!'s largest stockholder, will roll over all shares it owns, which constitutes approximately 37% of WOW!'s outstanding shares [4]. - The transaction has been unanimously approved by WOW!'s Board of Directors and is expected to close by the end of 2025 or in the first quarter of 2026, pending stockholder and regulatory approvals [3][5]. Strategic Implications - The partnership with DigitalBridge and Crestview is expected to enhance WOW!'s growth, allowing for investments in network expansion and technology upgrades, thereby improving service delivery and customer experience [2][8]. - The transaction is seen as a significant opportunity for WOW! to strengthen its market position as a trusted broadband provider [2].
WideOpenWest, Inc. Reschedules Second Quarter 2025 Earnings Call to 5:00 PM ET the Same Day
Prnewswire· 2025-08-11 10:00
Company Overview - WOW! Internet, TV & Phone is a leading broadband provider in the United States, serving nearly 2 million residential, business, and wholesale consumers across 20 markets, primarily in the Midwest and Southeast [3] - The company offers a wide range of services, including high-speed Internet, cable TV, home and mobile phone services, business data, voice, and cloud services, emphasizing outstanding service at affordable prices [3] - WOW! has been recognized for its exceptional human resources practices, winning the Best & Brightest Company to Work For award for eight consecutive years and making the 2024 Top 101 National Winners list [3] Earnings Call Update - WOW! has rescheduled its second quarter 2025 earnings call from 8:00 a.m. ET to 5:00 p.m. ET, with a news release reporting results to be issued prior to the call [1] - The conference call will be available for live broadcast on the company's investor relations website, and participants can join via telephone using a specific conference ID [2]
WOW! Honored as 2025 Gold Stevie® Award Winner for Technology Excellence
Prnewswire· 2025-08-05 13:00
Core Insights - WOW! Internet, TV & Phone has been awarded the Gold Stevie® Award in the Technology Team of the Year - IT Architecture category, recognizing its commitment to innovation and customer satisfaction driven by its IT team [1][2]. Company Achievements - The IT team successfully delivered over 180 projects in the past year, enhancing operational efficiency and customer satisfaction while implementing AI tools to drive revenue and reduce costs [2]. - WOW! has launched an integrated billing option with YouTube TV, showcasing its innovative approach to service delivery [2]. Leadership Statements - Amol Shah, SVP of IT and OSS, expressed pride in the IT team's dedication to innovation and customer satisfaction, emphasizing their role in supporting the company's growth [3]. - CEO Teresa Elder highlighted the IT team's resilience and focus on continuous improvement, noting their impressive on-time delivery record and outstanding results [3]. Company Overview - WOW! is a leading broadband provider, serving nearly 2 million consumers across 20 markets, primarily in the Midwest and Southeast [5]. - The company offers a wide range of services, including high-speed internet, cable TV, and cloud services, and has been recognized for its exceptional human resources practices [5].
WideOpenWest, Inc. to Announce Second Quarter 2025 Financial Results
Prnewswire· 2025-08-01 14:00
Company Overview - WOW! Internet, TV & Phone is a leading broadband provider in the United States, serving nearly 2 million residential, business, and wholesale consumers across 20 markets, primarily in the Midwest and Southeast [3] - The company offers a wide range of services, including high-speed Internet, cable TV, home and mobile phone services, business data, voice, and cloud services, emphasizing affordable pricing and outstanding service [3] - WOW! has been recognized for its exceptional human resources practices, winning the Best & Brightest Company to Work For award for eight consecutive years and making the 2024 Top 101 National Winners list [3] Upcoming Financial Event - WOW! will host a webcast and conference call on August 11, 2025, at 8:00 a.m. ET to discuss its financial and operating results for the second quarter of 2025 [1] - A news release reporting the results will be issued prior to the call [1] - The conference call will be accessible via the company's investor relations website and by telephone, with specific dial-in numbers provided for participants [2]
Corian® Design Launches "WOW That's Corian®!" to Showcase the Evolution and Future Possibilities of Solid Surface Design
Prnewswire· 2025-07-15 14:01
Core Insights - The launch of the "WOW That's Corian®!" global marketing campaign by Corian® Design highlights the innovative and versatile applications of Corian® Solid Surface beyond traditional uses, showcasing its evolution in modern design [1][2][4] - The campaign aims to connect with architects and designers by emphasizing the material's creative potential and performance across various industries, including healthcare, education, hospitality, and food service [2][4][5] Company Overview - Corian® Design, a division of DuPont Water & Protection, specializes in advanced materials for interior design and architecture, with a focus on beauty, functionality, and durability [8] - The Corian® brand is recognized for its pioneering role in solid surface materials, continuously evolving its product offerings to meet market demands [8][9] Product Features - Corian® Solid Surface is characterized by exceptional design versatility, available in a wide range of colors and capable of being thermoformed, backlit, and engraved, contributing to sustainable design by reducing replacement needs [3][4] - The material's non-porous, hygienic surface makes it ideal for high-touch areas in healthcare, while its adaptability supports dynamic learning environments in educational settings [4][6] Market Applications - In healthcare, Corian® Solid Surface is used for patient rooms and nurse stations due to its easy-to-clean properties and aesthetic appeal [4] - In educational environments, it fosters collaboration and creativity through sculptural designs and hygienic dining areas [4] - The hospitality industry benefits from Corian® Solid Surface in creating memorable guest experiences with unique design elements [4][5] Design Trends - The evolution of Corian® Solid Surface aligns with current design trends, including biophilic design and warm minimalism, with collections like Nature's Canvas reflecting nature-inspired aesthetics [6][7] - The material provides architects and designers with aesthetic freedom and functionality, enabling the creation of contemporary yet timeless spaces [7]
BloFin WOW (War of Whales) 2025 Grand Prix Opens Registration for $4.2M Trading Championship and Tesla Cybertruck Prize
GlobeNewswire News Room· 2025-07-03 08:55
Core Insights - BloFin has launched the WOW (War of Whales) 2025 Grand Prix trading competition with a total prize pool of up to $4,200,000 USDT, making it one of the most significant trading events in the cryptocurrency sector for 2025 [2][4] Group 1: Competition Overview - The WOW 2025 Grand Prix features four competition formats, including team battles, individual leaderboards, random rewards, and a spin-to-win feature, running from June 26 to July 15, 2025 [3] - The prize pool starts at $35,000 USDT and scales with total trading volume milestones, encouraging more trading activity among participants [4] Group 2: Prize Distribution - Prize distribution includes various categories: Team Competition by Trading Volume (40%), Team Competition by PNL % (20%), Individual Competition by Trading Volume (25%), and Individual Competition by PNL % (15%) [7] - Top-performing teams can win a Tesla Cybertruck, while individual champions will receive luxury giveaways [7] Group 3: Registration Details - Registration for the competition is open from June 20 to July 15, 2025, and team leaders are encouraged to form squads early to enhance their competitive advantage [9] Group 4: Company Profile - BloFin is a leading cryptocurrency exchange specializing in futures trading, offering over 480 USDT-M perpetual pairs and various trading solutions [10] - The platform emphasizes security and compliance, utilizing technologies like Fireblocks and Chainalysis for asset protection [10]
WOW! Donates $10,000 to the Hernando County Education Foundation Following Recent Service Launch in the Community
Prnewswire· 2025-06-23 13:00
Core Points - WOW! Internet, TV & Phone has made a $10,000 donation to the Hernando County Education Foundation to support local education initiatives [1][2] - The donation was used to sponsor the annual Summer Reading and STEM Bash, providing free books and educational activities for local families [2][3] - WOW! plans to expand its all-fiber network to 44,000 additional homes in Hernando County as part of its Greenfield expansion initiative [3] Company Overview - WOW! is a leading broadband provider serving nearly 2 million consumers across 20 markets, primarily in the Midwest and Southeast [5] - The company offers a range of services including high-speed internet, cable TV, home and mobile phone services, and business solutions [5] - WOW! has been recognized for its exceptional human resources practices, winning the Best & Brightest Company to Work For award for eight consecutive years [5]
WOW! Marks Entrance into East Central Michigan with $10,000 Donation to Livingston County Habitat for Humanity for Veteran Home Repair Project
Prnewswire· 2025-06-18 13:00
Core Insights - WOW! Internet, TV & Phone has made a $10,000 donation to Livingston County Habitat for Humanity to support community initiatives and home safety repairs for a local veteran [1][2][4] - The company is actively involved in community service, including participation in Habitat for Humanity's annual gala to further support home building and repair projects [3][4] - WOW! is expanding its all-fiber network to additional communities in Michigan, aiming to add 80,000 homes as part of its Greenfield expansion initiative [4][5] Company Initiatives - The donation from WOW! will enable critical safety repairs for a veteran's home, including replacing flooring and extending doorways [2][4] - WOW! is a presenting sponsor at the upcoming Habitat for Humanity gala, with funds raised earmarked for the organization's building program [3][4] - The company emphasizes its commitment to community service alongside its broadband service offerings [4] Service Offerings - WOW! provides an all-fiber network with high-speed internet, simplified pricing, and no data caps, catering to both residential and business customers [5][7] - The company offers additional services such as WOW! mobile powered by Reach and bundling options with YouTube TV [5][7] - WOW! serves nearly 2 million consumers across 20 markets, primarily in the Midwest and Southeast [7]
WOW! Names Audrey Glenn as Senior Director of Legal and Regulatory Affairs
Prnewswire· 2025-06-05 13:00
Core Insights - WOW! Internet, TV & Phone has appointed Audrey Glenn as the senior director of legal and regulatory affairs, enhancing its legal team as the company expands into new markets [1][2] - Glenn brings over 30 years of legal experience, including roles at the Federal Communications Commission and the US House of Representatives, which will support WOW!'s legal, policy, and regulatory needs [2][4] - WOW! serves nearly 2 million consumers across 20 markets, primarily in the Midwest and Southeast, and is recognized for its exceptional human resources practices [4] Company Overview - WOW! is a leading broadband provider with a high-performing network, offering services such as high-speed internet, cable TV, and cloud services [4] - The company has been recognized 12 times as a Best & Brightest Company to Work For in the Nation, winning the award for the last eight consecutive years [4]
CHEERS TO 54 YEARS: SOUTHWEST AIRLINES LAUNCHES WEEK OF WOW SALE WITH UP TO 50 PERCENT OFF FARES, A CRUISE GIVEAWAY, AND TRAVEL DEALS
Prnewswire· 2025-06-03 16:39
Core Points - Southwest Airlines is celebrating its 54th anniversary with a promotional event called "Week of WOW," offering significant discounts and rewards for customers [2][4] - The promotion includes up to 50% off base fares, special offers on cruises, hotels, and car rentals, and enhanced points earning for Rapid Rewards Credit Card members [1][2] Promotions and Offers - Customers can save up to 50% on base fares for select flights booked between June 3 and June 5, 2025, for travel from August 12 to December 17, 2025, using the code WOWZERS [2][4] - Rapid Rewards Credit Card members can earn 10 points per $1 spent on Southwest purchases, up to $500, from June 3 to June 9, 2025, which also counts towards the Companion Pass [1][2] - A sweepstakes is available for customers to win 500,000 Rapid Rewards Points and a Carnival Cruise for two, running from June 2 to July 31, 2025 [2][6] - Hotel bookings made between June 3 and June 9, 2025, can earn customers 5X points on a minimum three-night stay or a discount of 5,000 points on bookings made with points [2][4] - Rental car reservations made during the promotional period can save customers up to 30% and earn 1,200 Rapid Rewards points for rentals of two or more days [2][4] Company Overview - Southwest Airlines operates at 117 airports across 11 countries and is known for its low-cost air travel and customer service [4][7] - The airline carried over 140 million customers in 2024 and employs more than 71,000 people [4][7]