D.C. Memo: WOW! CEO Sold Stock On Day of Buyout Announcement As Shares Surged Nearly 40%
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WOW! Stock: As their company’s stock surged on Wall Street, two WOW! insiders sold a fairly large number of shares on the same day the company announced an unexpected buyout offer from two private equity firms, DigitalBridge Investments and Crestview Partners (which already owns 38% of WOW!’s outstanding shares.) Last Friday, May 3, WOW! CEO Teresa Elder