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Wideopenwest Faces Legal Challenge Over Merger Proxy

Story Highlights
  • WideOpenWest, Inc. entered a merger agreement with Bandit Parent, LP, on August 11, 2025.
  • Litigation challenges the merger’s proxy statement, but WOW! denies the claims and has made supplemental disclosures.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Wideopenwest Faces Legal Challenge Over Merger Proxy

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Wideopenwest ( (WOW) ) has issued an announcement.

On August 11, 2025, WideOpenWest, Inc. entered into a Merger Agreement with Bandit Parent, LP, and Bandit Merger Sub, Inc., affiliates of DigitalBridge Group, Inc. and Crestview Partners III GP, L.P. The merger, subject to stockholder approval on December 3, 2025, will result in WOW! becoming a wholly owned subsidiary of Parent. However, litigation has arisen, with a stockholder filing a complaint on November 10, 2025, alleging deficiencies in the merger’s proxy statement. Despite denying these claims, WOW! has made supplemental disclosures to avoid delays and minimize expenses. The outcome of these legal challenges remains uncertain, but the company believes the allegations are without merit.

The most recent analyst rating on (WOW) stock is a Hold with a $5.00 price target. To see the full list of analyst forecasts on Wideopenwest stock, see the WOW Stock Forecast page.

Spark’s Take on WOW Stock

According to Spark, TipRanks’ AI Analyst, WOW is a Neutral.

Wideopenwest’s overall stock score is primarily impacted by its significant financial challenges, including declining revenue, persistent losses, and high leverage. While technical indicators show some positive momentum, and the earnings call highlighted growth in key markets, these are overshadowed by valuation concerns and acquisition uncertainty. The company’s ability to improve its financial health and navigate competitive pressures will be crucial for future performance.

To see Spark’s full report on WOW stock, click here.

More about Wideopenwest

WideOpenWest, Inc. (WOW!) is a Delaware corporation operating in the telecommunications industry, primarily providing broadband services. The company focuses on delivering high-speed internet, cable television, and phone services to residential and business customers.

Average Trading Volume: 622,288

Technical Sentiment Signal: Hold

Current Market Cap: $441.4M

See more insights into WOW stock on TipRanks’ Stock Analysis page.

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