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WOW Shares Soar 49% After $1.5 Billion Acquisition Deal

8/13/2025

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Summary

Story summary

WideOpenWest (WOW) shares skyrocketed by 49% after DigitalBridge Group and Crestview Partners announced a $1.5 billion acquisition, presenting shareholders with an enticing $5.20 per share—an impressive 63% premium. While revenue dipped 9% to $144.2 million, the steady demand for high-speed internet underscores the resilience of broadband services in a changing U.S. market.

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Story summary

WideOpenWest (WOW) shares skyrocketed by 49% after DigitalBridge Group and Crestview Partners announced a $1.5 billion acquisition, presenting shareholders with an enticing $5.20 per share—an impressive 63% premium. While revenue dipped 9% to $144.2 million, the steady demand for high-speed internet underscores the resilience of broadband services in a changing U.S. market.