WideOpenWest (WOW) IPO Opens Down 6%

Today's IPO for WideOpenWest (NYSE: WOW) opened for trading at $16 after pricing 18,235,295 shares of its common stock at a price to the public of $17.00 per share.

In connection with the offering, the Company has granted the underwriters a 30-day option to purchase up to an additional 2,735,294 shares.

UBS Investment Bank and Credit Suisse are acting as lead joint book running managers and RBC Capital Markets, SunTrust Robinson Humphrey, Evercore ISI and Macquarie Capital are acting as joint book running managers for the offering. LionTree and Raymond James are acting as co-managers.

WOW! is one of the nation's leading providers of high-speed Internet, cable TV and phone serving communities in the U.S. WOW!’s operating philosophy is to deliver a customer and employee experience that lives up to its name.

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