WOW! Completes Knology Buy

WOW! has completed its acquisition of Knology. The acquisition, announced in April, is an all-cash transaction with WOW! acquiring Knology by merger for $19.75 per share in cash. The total transaction value is approximately $1.5 billion and was approved by Knology shareholders during a special shareholders meeting held on June 26.

Colleen Abdoulah, WOW! CEO and chairwoman of the board, will continue in her role as CEO for the company. Todd Holt, former Knology CFO and president, has been named WOW! CFO.

As part of the merger, Knology has notified the NASDAQ Stock Market of its intent to delist its common stock from the NASDAQ Global Market.
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