The Special Committee of WOW!’s board of directors in connection with a $1.5 billion going private transaction with DigitalBridge and Crestview

On August 11, 2025, WideOpenWest, Inc. (NYSE: WOW), a leading broadband provider in the United States, announced it has entered into a definitive agreement under which affiliated investment funds of DigitalBridge Investments, LLC and Crestview Partners will acquire all of the outstanding shares of common stock of WOW! not already owned by Crestview and its affiliates for $5.20 per share in an all-cash transaction with an enterprise value of approximately $1.5 billion.  Crestview, WOW!’s largest stockholder, has agreed to roll over all of its shares of WOW! common stock.  In connection with entering into the merger agreement, WOW! entered into an amendment to its credit agreement providing for the extension of the revolving credit facility thereunder.

Wachtell, Lipton, Rosen & Katz is serving as legal advisor to the special committee of WOW!’s Board of Directors.