Knology, Inc. : Knology Announces Voluntary Delisting from NASDAQ Global Market
07/17/2012| 08:50am US/Eastern
Knology, Inc. (NASDAQ: KNOL) announced today that it has notified The
NASDAQ Stock Market LLC (NASDAQ) of its intent to delist its common
stock from the NASDAQ Global Market following the completion of its
merger with Kingston Merger Sub, Inc., a wholly-owned subsidiary of
WideOpenWest Finance, LLC (WOW!), pursuant to an Agreement and Plan of
Merger dated April 18, 2012, among Knology, WOW! and Kingston Merger Sub.
The merger became effective today, in accordance with the terms of a
certificate of merger filed today with the Secretary of State of the
State of Delaware. As previously announced, the merger transaction was
approved by Knology stockholders at a special meeting of stockholders
held on June 26, 2012.
Trading of Knology's common stock on the NASDAQ Global Market has been
suspended effective immediately. Knology today requested that NASDAQ
file with the U.S. Securities and Exchange Commission a Form 25 relating
to the delisting of Knology's common stock from the NASDAQ Global Market.
About Knology, Inc.
Knology, Inc., headquartered in West Point, Georgia, is a leading
provider of interactive communications and entertainment services in the
Southeast, upper Midwest and Kansas regions. Knology serves both
residential and business customers with one of the most technologically
advanced broadband networks in the country. Innovative offerings include
over 200 channels of digital cable TV, local and long distance digital
telephone service with the latest enhanced voice messaging features, and
high-speed Internet access, which enables consumers to quickly download
video, audio and graphic files using a cable modem. Knology's
fiber-based business products include iPlex, which delivers Ethernet
connections to an IP-PBX using Session Initiated Protocol (SIP)
technology, Passive Optical Network (PON), which supplies IP
architecture with segmented voice and data bandwidth, and Managed
Integrated Network Solutions (MATRIX), an integrated IP-based technology
which converges data and voice. For more information, please visit www.knology.com.
M. Todd Holt, President, 706-645-8752
© Business Wire 2012