NEW YORK, April 23, 2012 /PRNewswire/ -- Levi &
Korsinsky is investigating the Board of Directors of Knology, Inc.
("Knology" or the "Company") (Nasdaq: KNOL) for possible breaches
of fiduciary duty and other violations of state law in connection
with the sale of the Company to WOW! Internet, Cable &
Phone. Under the terms of the agreement, Knology shareholders
will receive $19.75 for each share of
Knology stock they own. The transaction has a total
approximate value of $1.5
billion.
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Click here to learn how to join the action:
http://www.zlk.com/knology-knol, or call: 877-363-5972. There is no
cost or obligation to you.
The investigation concerns whether the Knology Board of
Directors breached their fiduciary duties to Knology stockholders
by failing to adequately shop the Company before entering into this
transaction and whether WOW! Internet, Cable & Phone is
underpaying for Knology shares, thus unlawfully harming Knology
stockholders.
If you own common stock in Knology and wish to obtain
additional information, please contact Joseph E. Levi, Esq. either via email at
jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877)
363-5972, or http://www.zlk.com.
Levi & Korsinsky is a national firm with offices in
New York and Washington
D.C. The firm has extensive expertise in prosecuting
securities litigation involving financial fraud, representing
investors throughout the nation in securities and shareholder
lawsuits. The attorneys at Levi & Korsinsky have been
appointed by numerous courts throughout the country to serve as
lead counsel on behalf of shareholders in major securities lawsuits
and have successfully recovered multimillion-dollar damages awards
on behalf of investors. For more information, please feel
free to contact any of the attorneys listed below. Attorney
advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY
10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
SOURCE Levi & Korsinsky, LLP