Knology Announces Voluntary Delisting from NASDAQ Global Market
July 17 2012 - 8:47AM
Business Wire
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.
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