NEW YORK, April 18, 2012 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Knology, Inc. ("Knology" or the "Company") (NASDAQ: KNOL) concerning the proposed acquisition of the Company by WOW! Internet, Cable & Phone ("WOW!") in a transaction valued at approximately $1.5 billion.
On April 18, 2012, it was announced that Knology and WOW! have entered into a definitive agreement pursuant to which WOW! will acquire Knology. Under the agreement, Knology shareholders will receive $19.75 in cash per share held.
Our investigation concerns whether the Knology board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company shareholders.
If you own Knology shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Robert I. Harwood, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
Email: [email protected]
Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
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SOURCE Harwood Feffer LLP