10:47 ET Shareholder Alert: The Ademi Firm investigates whether WideOpenWest, Inc. is obtaining a Fair Price for its Public Shareholders
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The Ademi Firm is investigating WideOpenWest (NYSE: WOW) for potential breaches of fiduciary duty related to its $1.5 billion transaction with DigitalBridge Investments. Shareholders will receive $5.20 per share in cash, while Crestview, the largest stockholder, will roll over its holdings. The investigation focuses on whether the board is fulfilling its fiduciary duties, as the transaction agreement restricts competing bids with significant penalties. The firm specializes in shareholder litigation involving mergers and buyouts.
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