WideOpenWest rises after Reuters report on acquisition talks

WideOpenWest

21/03/2025 19:10

** Broadband and cable services provider WideOpenWest's WOW.N shares rise 2.6% to $5

** Group including DigitalBridge DBRG.N and Crestview Partners is attempting to clinch a deal to acquire WOW, Reuters reports

** Talks between the bidding group and WOW have progressed in recent weeks; a deal could come together in the coming weeks

** The two sides are yet to agree on all the terms and it's possible that no deal will be signed

** The latest offer price could not be learned

** WOW received a non-binding offer worth about $406 million from DigitalBridge and Crestview in May

** As of last close, WOW has fallen 2% YTD

 (Reporting by Juby Babu in Mexico City)

 ((Juby.Babu@thomsonreuters.com;))