With the vote on its $1.5 billion merger with WideOpenWest scheduled for June 26, Knology Inc. said that two leading proxy advisory firms have recommended that shareholders vote in favor of the deal.
Both Institutional Shareholder Services and Glass, Lewis & Co. have thrown their support to the merger, Knology said in a Securities and Exchange Commission filing Wednesday. Knology agreed to be acquired by WOW in April for $1.5 billion. The deal, subject to regulatory approvals, is expected to close by October.
Knology has said it will hold a special shareholder meeting at the Atlanta Airport Marriott Gateway Hotel in Atlanta at 9:00 a.m., June 26 to vote on the deal.
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