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Benzinga
Benzinga
Business
Mohd Haider

WOW! Stock Rockets Nearly 48% After-Hours As DigitalBridge, Crestview Strike $1.5 Billion Deal To Take Broadband Provider Private

WoW Crestview DigitalBridge NYSE DigitalBridge Group Inc
Double,Exposure,With,Business,Of,The,International,Centre,And,Financial

WideOpenWest Inc. (NYSE:WOW) shares surged 47.93% in after-hours trading on Monday following the announcement of a $1.5 billion all-cash acquisition by DigitalBridge Group Inc. (NYSE:DBRG) and Crestview Partners. The deal values WOW! at $5.20 per share, representing a 63% premium to Friday’s closing price.

Check out the current price of WOW stock here. 

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