Broadband provider WOW! rises on $1.8 bln spinoff of five service areas

WideOpenWest

30/06/2021 12:18

** Shares of WOW! Internet, Cable & Phone  WOW.N  up 3.5% at
$18.88 in premarket trading 
    ** Co to sell five of its service areas in two separate
deals for ~$1.8 bln in a bid to reduce debt  urn:newsml:reuters.com:*:nL3N2OC2VT
    ** Deals expected to close in the second half of this year 
    ** As of Tuesday's close, stock up 71% YTD 

 (Reporting by Eva Mathews in Bengaluru)
 ((eva.mathews@thomsonreuters.com))