WOW Files Proxy Statement, CEO Addresses Employees
| Field | Detail |
|---|---|
| Company | Wideopenwest, Inc. |
| Form Type | DEFA14A |
| Filed Date | Aug 13, 2025 |
| Risk Level | low |
| Pages | 7 |
| Reading Time | 9 min |
| Key Dollar Amounts | $5.20 |
| Sentiment | neutral |
Sentiment: neutral
Topics: proxy-statement, ceo-communication, sec-filing
TL;DR
WOW filed a proxy statement with a video script from CEO Teresa Elder to employees about recent news.
AI Summary
WideOpenWest, Inc. (WOW) filed a DEFA14A proxy statement on August 13, 2025. The filing includes a script of a video message from CEO Teresa Elder to employees, acknowledging recent news coverage and an email sent to them. The proxy statement is related to the company's solicitation of proxies for its upcoming shareholder meeting.
Why It Matters
This filing provides insight into internal communications from WOW's CEO regarding significant company events, potentially impacting employee morale and investor perception.
Risk Assessment
Risk Level: low — This is a routine proxy filing and does not contain immediate financial or strategic disclosures that would significantly alter risk.
Key Players & Entities
- WideOpenWest, Inc. (company) — Registrant
- Teresa Elder (person) — Chief Executive Officer
- 0001104659-25-076964 (filing_id) — Accession Number
- 20250813 (date) — Filing Date
FAQ
What is the purpose of this DEFA14A filing?
The purpose of this DEFA14A filing is to serve as a proxy statement for WideOpenWest, Inc., soliciting proxies from shareholders for an upcoming meeting.
Who is the CEO of WideOpenWest, Inc. and what did she communicate to employees?
Teresa Elder is the CEO of WideOpenWest, Inc. She recorded a video message to employees acknowledging recent news coverage and an email she sent.
When was this filing submitted to the SEC?
This filing was submitted to the SEC on August 13, 2025.
What is the company's Standard Industrial Classification (SIC) code?
WideOpenWest, Inc.'s SIC code is 4841, which corresponds to CABLE & OTHER PAY TELEVISION SERVICES.
What is the business address of WideOpenWest, Inc.?
The business address of WideOpenWest, Inc. is 7887 East Belleview Avenue, Suite 1000, Englewood, CO 80111.
Filing Stats: 2,162 words · 9 min read · ~7 pages · Grade level 11.6 · Accepted 2025-08-12 17:57:03
Key Financial Figures
- $5.20 — ed, vested shares of stock will receive $5.20 per share in cash, and a portion of you
Filing Documents
- tm2523141d6_defa14a.htm (DEFA14A) — 29KB
- 0001104659-25-076964.txt ( ) — 30KB
From the Filing
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material Pursuant to § 240.14a-12 WideOpenWest, Inc. (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply): No fee required. Fee paid previously with preliminary materials. Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. VIDEO MESSAGE TO EMPLOYEES – SCRIPT Recorded by Teresa Elder | Chief Executive Officer Hello, everyone. I’m sure by now you’ve seen the news coverage, the email I sent out earlier, and the story on The Gig, announcing that the special committee and WOW!’s full board have approved an agreement to be taken private by investment funds affiliated with DigitalBridge and Crestview Partners. This means, at the close of this transaction WOW! will become a privately held company and our stock will no longer be traded on the New York Stock Exchange. From a practical standpoint, we will no longer be required to publicly disclose our earnings for each quarter. Although we’ve anticipated the possibility of such a move since receiving the DigitalBridge/Crestview Partners proposal last May, I know this news could be a surprise to many. I want to reassure you that this presents us all with a lot of opportunities and is an important step toward fulfilling our vision for growth and for evolving the business. I’d like to take a minute to tell you a little about DigitalBridge and Crestview Partners. DigitalBridge is a global digital infrastructure firm with expertise in connectivity and broadband. Crestview Partners is a private equity investment firm and significant stakeholder in WOW! since 2015. Both companies see strong potential for our business and are excited about WOW!. The combination of WOW!’s expertise in building out new service areas with DigitalBridge’s strong track record of investment in digital infrastructure, provides a solid foundation for continuing WOW!’s exceptional growth strategy. I’m sure many of you have questions about what all this means for your positions at WOW!. Nothing changes for us and we still need everyone to focus on WOW!-ing our customers with our award-winning products and services. Similarly, nothing changes for our customers. We will continue to offer our products and services in our existing service areas. As for questions about the WOW! stock you may have through the company equity program, we will share more information in the near future. If the transaction is completed, vested shares of stock will receive $5.20 per share in cash, and a portion of your unvested equity may, depending on the specific grant terms, also be eligible to receive the merger consideration at closing. After all closing conditions have been satisfied and the transaction has been consummated, WOW! will be a private company and our stock will no longer be traded on the stock exchange. We anticipate this process will take several months. We will continue to share information with you as frequently as possible over the coming months. A resource page has been created on The Gig where we’ll post updates and FAQs. Check the page frequently. I also encourage you to ask questions of your manager or send them to [*]. Thank you for your continued hard work and dedication to WOW! and our commitment to provide our customers with a best-in-class broadband experience. As always, please take care of yourself, our customers and each other. # # # Cautionary Statement Regarding Forward-Looking Certain statements in this communication that are not historical facts contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements related to the proposed acquisition of WOW! by funds affiliated with DigitalBridge Investments and Crestview Partners (the “Transaction”), including financial estimates and statements as to the expected timing, completion and effects of the Transaction. These forward-looking statements represent our goals, beliefs, plans and expectations about our prospects for the future and other future events. Forward-looking statements include all statements that are not historical fact and can be identified by terms such as “may,” “intend,” “might,” “will,&rd