| [April 18, 2012] |
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Law Firm Brower Piven Announces Investigation in Connection With Knology, Inc. Buyout
STEVENSON, Md. --(Business Wire)--
The law firm of Brower Piven, A Professional Corporation, has commenced
an investigation into possible breaches of fiduciary duty to current
shareholders of Knology (News - Alert), Inc. ("Knology") (Nasdaq: KNOL) and other
violations of state law by the board of directors of Knology relating to
the proposed buyout of the company by WOW! Internet, Cable & Phone (News - Alert)
("WOW!"). The firm's investigation seeks to determine, among other
things, whether the board breached its fiduciary duties by failing to
maximize shareholde value.
On April 18, 2012, Knology and WOW! announced that they had entered into
a definitive Merger agreement providing for WOW! to acquire Knology for
approximately $1.5 billion. Under the terms of the buyout transaction,
Knology shareholders will receive $19.75 for each share of Knology
common stock held.
If you currently own shares of Knology and would like to learn more
about the investigation being conducted by Brower Piven, you may email
or call Brower Piven, who will, without obligation or cost to you,
attempt to answer your questions. You may contact Brower Piven by email
at hoffman@browerpiven.com,
by calling (410) 415-6616, or at Brower Piven, A Professional
Corporation, 1925 Old Valley Road, Stevenson, Maryland 21153. Attorneys
at Brower Piven have combined experience litigating securities and other
class action cases of over 60 years.

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