Investing.com -- A consortium including DigitalBridge and Crestview Partners is reportedly in advanced discussions to acquire WideOpenWest, a broadband and cable services provider, according to a Friday report by Reuters. This move comes after a year-long effort to privatize the company.
In recent weeks, negotiations between the potential buyers and WideOpenWest have advanced. The deal could potentially be finalized within the next few weeks, provided the talks do not encounter any major obstacles.
However, it’s important to note that all terms of the deal have not yet been agreed upon. As such, there remains a possibility that the deal may not be signed. The offer price in the latest round of discussions has not been disclosed.
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