On the Record · WideOpenWest Finance
WideOpenWest Finance acquisitions, on the record
The businesses WideOpenWest Finance bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Rapid City and Sioux Falls, South Dakota systems (the South Dakota Systems)Word for word“On September 30, 2014, we and Clarity Telecom ("Clarity") consummated an asset sale agreement in which Clarity acquired our Rapid City and Sioux Falls, South Dakota systems (the "South Dakota Systems") for gross proceeds of approximately $262 million in cash, subject to certain adjustments set forth in the agreement.” 10-K for 2014 | divestiture | On September 30, 2014 | approximately $262 million in cash |
Bluemile, Inc. assets (Bluemile Assets acquisition)Word for word“On September 27, 2013, we entered into and closed an asset purchase agreement to acquire certain assets from Bluemile, Inc. ("Bluemile"), an Ohio Corporation, for initial cash consideration of approximately $15.0 million, subject to closing and post-closing adjustments, plus up to $5.0 million in consideration contingent upon achieving certain financial metrics during the twelve month period ended December 31, 2014 (the "Bluemile Assets" acquisition).” 10-K for 2014 | acquisition | On September 27, 2013 | approximately $15.0 million |
Knology, Inc. (Knology Merger)Word for word“On July 17, 2012, we completed the merger, pursuant to which Knology became one of our indirectly wholly owned subsidiaries.” 10-K for 2014 | acquisition | On July 17, 2012, we completed the merger | — |
Rapid City and Sioux Falls, South Dakota systems (the "South Dakota Systems") sold to Clarity TelecomWord for word“On September 30, 2014, we and Clarity Telecom ("Clarity") consummated an asset sale agreement in which Clarity acquired our Rapid City and Sioux Falls, South Dakota systems (the "South Dakota Systems") for gross proceeds of approximately $262.0 million in cash, subject to certain adjustments set forth in the agreement.” 10-K for 2015 | divestiture | On September 30, 2014 | approximately $262.0 million in cash |
Bluemile, Inc. certain assets (Bluemile Assets)Word for word“On September 27, 2013, we entered into and closed an asset purchase agreement to acquire certain assets from Bluemile, Inc. ("Bluemile"), an Ohio Corporation, for initial cash consideration of approximately $15.0 million, subject to closing and post-closing adjustments, plus up to $5.0 million in consideration contingent upon achieving certain financial metrics during the twelve month period ended December 31, 2014 (the "Bluemile Assets" acquisition).” 10-K for 2015 | acquisition | On September 27, 2013 | — |
Knology, Inc. (Knology)Word for word“We believe our July 2012 acquisition of Knology has solidified our position as a leading provider of triple-play (high-speed data, video and telephony) and other advanced communication services.” 10-K for 2015 | acquisition | July 2012 | — |
Anne Arundel Broadband majority interestWord for word“Anne Arundel Broadband majority interest purchase, net of cash acquired — (5.1 ) — Bluemile Asset acquisition (note 4) — — (15.4 ) Proceeds from South Dakota systems asset sale — 262.0 — Other investing activities (0.6 ) 0.6 0.9” 10-K for 2015 | acquisition | — | — |
HC Cable Opco, LLC d/b/a NulinkWord for word“NuLink Acquisition On September 9, 2016, we finalized our acquisition of HC Cable Opco, LLC d/b/a Nulink in Newnan, Georgia for $54.3 million, all of which we paid in cash.” 10-K for 2016 | acquisition | On September 9, 2016 | $54.3 million |
Lawrence, Kansas systemsWord for word“On January 12, 2017, we and Midcontinent Communications ("MidCo") entered into an agreement (the "Asset Purchase Agreement") under which MidCo acquired our Lawrence, Kansas systems (the "Kansas Systems"), for gross proceeds of approximately $215.0 million in cash, subject to certain normal and customary purchase price adjustments set forth in the agreement.” 10-K for 2016 | divestiture | On January 12, 2017 | approximately $215.0 million |
South Dakota SystemsWord for word“Approximately $31.0 million of this decrease is related to the sale of our South Dakota Systems on September 30, 2014.” 10-K for 2016 | divestiture | September 30, 2014 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2016-12-31 | $54.3 million | $6.6 million |
Deal filings since 2016
- 2017-07-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-05-31 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-08-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-05-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from WideOpenWest Finance’s annual reports (10-K for 2016, 10-K for 2015, 10-K for 2014) and the financial data it files with the SEC, as of 2017-03-23. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.