Knology Announces Voluntary Delisting from NASDAQ Global Market
WEST POINT, Ga.--(BUSINESS WIRE)-- Knology, Inc. (KNOL) announced today that it has notified The NASDAQ Stock Market LLC (NASDAQ) of its intent to delist its common stock from the NASDAQ Global Market following the completion of its merger with Kingston Merger Sub, Inc., a wholly-owned subsidiary of WideOpenWest Finance, LLC (WOW!), pursuant to an Agreement and Plan of Merger dated April 18, 2012, among Knology, WOW! and Kingston Merger Sub.
The merger became effective today, in accordance with the terms of a certificate of merger filed today with the Secretary of State of the State of Delaware. As previously announced, the merger transaction was approved by Knology stockholders at a special meeting of stockholders held on June 26, 2012.
Trading of Knologys common stock on the NASDAQ Global Market has been suspended effective immediately. Knology today requested that NASDAQ file with the U.S. Securities and Exchange Commission a Form 25 relating to the delisting of Knologys common stock from the NASDAQ Global Market.
About Knology, Inc.
Knology, Inc., headquartered in West Point, Georgia, is a leading provider of interactive communications and entertainment services in the Southeast, upper Midwest and Kansas regions. Knology serves both residential and business customers with one of the most technologically advanced broadband networks in the country. Innovative offerings include over 200 channels of digital cable TV, local and long distance digital telephone service with the latest enhanced voice messaging features, and high-speed Internet access, which enables consumers to quickly download video, audio and graphic files using a cable modem. Knologys fiber-based business products include iPlex, which delivers Ethernet connections to an IP-PBX using Session Initiated Protocol (SIP) technology, Passive Optical Network (PON), which supplies IP architecture with segmented voice and data bandwidth, and Managed Integrated Network Solutions (MATRIX), an integrated IP-based technology which converges data and voice. For more information, please visit www.knology.com.
M. Todd Holt, President, 706-645-8752
Source: Knology, Inc.Copyright Business Wire 2012