DigitalBridge and Crestview Partners are reportedly planning to acquire WideOpenWest.
A consortium that includes DigitalBridge and Crestview Partners is reportedly in advanced talks to acquire WideOpenWest, a broadband and cable service provider. According to a report by Reuters published on Friday, this move comes as a result of efforts to privatize the company that have been ongoing for a year.
In recent weeks, negotiations between potential buyers and WideOpenWest have made progress. If discussions do not encounter any major obstacles, the deal could be finalized within the next few weeks. However, all terms of the agreement have not yet been established, leaving the possibility of the deal not being signed. The proposed price in the latest round of discussions has not been disclosed.