WideOpenWest climbs on buyout chatter

WideOpenWest

28/06/2022 16:46

** Shares of broadband services provider WideOpenWest Inc
 WOW.N  rise as much as 9.1% to $19.24  
    ** Shares up after Street Insider reports https://www.streetinsider.com/Hot+M+and+A/Global+Infrastructure+Partners+Said+to+Be+Evaluating+Bid+for+WideOpenWest+%28WOW%29+-+Source/20265399.html,
 citing sources, that investment fund Global Infrastructure
Partners is evaluating a bid for WideOpenWest 
    ** Earlier this year, Bloomberg reported https://www.bloomberg.com/news/articles/2022-05-16/morgan-stanley-infrastructure-said-in-talks-to-buy-wideopenwest
 that WOW had attracted buyout interest from Morgan Stanley's
 MS.N  infrastructure investment arm
    ** Global Infrastructure Partners and WOW were not
immediately available for comment
    ** Up to last close, stock fell 15.4% this year

 (Reporting by Nandhini Srinivasan from Bengaluru)
 ((Nandhini.srinivasan@thomsonreuters.com))