RTTNews | Jun 30, 2021 10:08AM EDT

10:08 Wednesday, June 30, 2021 (RTTNews.com) - Shares of WideOpenWest Inc. (WOW) reached a 52-week high of $21.34 Wednesday morning, and are currently trading at $20.15, up $1.90 or 10.41%, with trading volume surging over 684K versus an average volume of 331K shares.

WOW! Internet, Cable & Phone, on Wednesday, announced two separate definitive agreements to sell its Cleveland and Columbus, Ohio, service areas and its Chicago, Evansville, Indiana, and Anne Arundel, Maryland, service areas for $1.125 billion and $661 million, respectively. Total transaction gross proceeds would be about $1.786 billion.

Atlantic Broadband, a U.S. cable operator and subsidiary of Cogeco Communications Inc. has agreed to acquire the Cleveland and Columbus markets in one transaction while in a separate transaction, Astound Broadband has agreed to acquire WOW!'s Chicago, Evansville and Anne Arundel service areas.

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