WOW Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Proposed Sale of WideOpenWest to DigitalBridge Group and Crestview Partners

Core Viewpoint - The law firm Wohl & Fruchter LLP is investigating the fairness of the proposed sale of WideOpenWest, Inc. (WOW) to DigitalBridge Group and Crestview Partners for $5.20 per share in cash, raising concerns about potential conflicts of interest and the adequacy of the sale price [1][4][6]. Group 1: Sale Details - WOW has agreed to be sold for $5.20 per share in cash, which is below its 52-week high of $5.80 per share, suggesting an opportunistic purchase [4][6]. - Crestview Partners, the largest shareholder with approximately 37% ownership, has agreed to roll over its equity into the post-close entity, a benefit not available to public stockholders [2][5]. Group 2: Governance and Conflicts - The sale was approved based on the recommendation of a purportedly independent Special Committee of WOW's Board, indicating potential conflicts of interest among certain Board members [3][6]. - The investigation aims to determine if the Special Committee acted in the best interests of WOW shareholders and whether all material information regarding the transaction was disclosed [7].