|[April 18, 2012]
Knology, Inc. Board of Directors Under Investigation for Potential Breaches of Fiduciary Duty by Glancy Binkow & Goldberg LLP
LOS ANGELES --(Business Wire)--
Glancy Binkow & Goldberg LLP announces that it is investigating
potential claims against the Board of Directors of Knology, Inc.
("Knology" or the "Company") (NASDAQ: KNOL) related to the proposed
acquisition of the Company by Wow Internet, Cable & Phone (News - Alert). The
transaction is valued at approximately $1.5 billion including debt, or
$19.75 per share.
This investigation concerns whether the Board of Directors of Knology (News - Alert)
breached their fiduciary duties to stockholdersby failing to adequately
shop the Company before agreeing to enter into the proposed transaction,
and whether the Company has disclosed all material information to
shareholders about the transaction.
If you are a shareholder of Knology, if you have information or would
like to learn more about our investigation, or if you wish to discuss
these matters or have any questions concerning this announcement or your
rights or interests with respect to these matters, please contact Louis
Boyarsky, Esquire, Glancy Binkow & Goldberg LLP, 1925 Century Park East,
Suite 2100, Los Angeles, CA (News - Alert) 90067, by telephone at (310) 201-9150 or
Toll Free at (888) 773-9224 or by email to firstname.lastname@example.org.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
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