KNOL: Knology, Inc. Market Currents - On the Move

Quote & Headlines Market Currents StockTalk

Wednesday, April 18, 2012, 9:52 AM Shares of Knology (KNOL) come off of a trading halt to roar 7.4% higher after the tech concern is snapped up by privately-owned peer WOW!. Comment! [M&A, On the Move]
Wednesday, April 18, 2012, 9:43 AM Knology (KNOL), a cable operator serving markets in the South and Midwest, is being acquired by privately-owned peer WOW! for $19.75 in cash. The transaction price amounts to $1.5B after accounting for Knology's debt. WOW!'s offer represents just a 9.4% premium to Knology's Tuesday close, but shares had already rallied on M&A hopes. Knology is currently halted. (PR) Comment! [Tech, On the Move, M&A]
Wednesday, March 28, 2012, 1:43 PM Shares of Knology (KNOL +2.8%) launch higher off of reports that the firm has hired advisers to help guide it through a potential sale. Comment! [On the Move]
Monday, March 5, 2012, 1:38 PM Knology (KNOL -0.5%) slips after being downgraded to Hold on valuation at Stifel Nicolaus, following the stock's recent +20% pop off of M&A speculation. Comment! [Tech, On the Move]
Tuesday, February 28, 2012, 1:51 PM Cable operator Knology (KNOL +7.8%) spikes after the WSJ reports the company is "shopping itself" to P-E firms and other potential buyers. Fellow regional cable operators Insight Communications and Bresnan Communications have been sold in recent years (I, II). Comment! [Tech, M&A, On the Move]

KNOL Knology, Inc.