DigitalBridge Completes Take-Private Acquisition of WOW! for Approximately $1.5 Billion
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 31 2025
0mins
Should l Buy DBRG?
DigitalBridge (DBRG) and Crestview Partners announced that affiliated investment funds have completed their previously announced take-private acquisition of WideOpenWest, WOW! (WOW). WOW! shareholders will receive $5.20 in cash per WOW! share in a transaction with an enterprise value of approximately $1.5 billion. With the completion of the transaction, WOW! common stock is no longer traded or listed on any public securities exchange. "We are excited to complete this transaction and begin a new era of growth. We look forward to investing in network and customer experience enhancements, pursuing operational excellence, and delivering an exceptional connected experience over WOW!'s high-performance networks," said Jonathan Friesel, Senior Managing Director and Head of Fiber at DigitalBridge.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy DBRG?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on DBRG
Wall Street analysts forecast DBRG stock price to rise
9 Analyst Rating
2 Buy
6 Hold
1 Sell
Hold
Current: 15.370
Low
16.00
Averages
16.00
High
16.00
Current: 15.370
Low
16.00
Averages
16.00
High
16.00
About DBRG
DigitalBridge Group, Inc. is a global investment manager in digital infrastructure, deploying and managing capital across the digital ecosystem, including data centers, cell towers, fiber networks, small cells, and edge infrastructure. Its investment management platform is anchored by its value-added funds within the DigitalBridge Partners (DBP) infrastructure equity series. Its investment offerings also include core equity, credit and liquid securities. The DBP series of funds focuses on value-added digital infrastructure, investing in and building businesses across the digital infrastructure sector. Core Equity invests in digital infrastructure businesses and assets with long-duration cash flow profiles, primarily in more developed geographies, through its Strategic Assets Fund (SAF). DigitalBridge Credit is a private credit strategy that delivers credit solutions to corporate borrowers in the digital infrastructure sector globally through credit financing products.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Northern Right Capital Fully Sells Norwegian Cruise Line Shares
- Share Sale Details: Northern Right Capital Management reported on February 17, 2026, that it sold its entire holding of 790,760 shares in Norwegian Cruise Line Holdings, with an estimated transaction value of $19.48 million, indicating a complete divestment from the company.
- Impact on AUM: This sale resulted in a $19.48 million decrease in the fund's quarter-end position value, reducing its reported assets under management (AUM) from 6.0% to 5.1%, reflecting a diminished confidence in Norwegian Cruise Line's prospects.
- Industry Context: Despite the cruise industry performing well with full ships, Northern Right's sale suggests a cautious outlook on Norwegian Cruise Line's future growth potential, particularly when compared to larger competitors like Carnival and Royal Caribbean.
- Competitive Landscape: Norwegian Cruise Line, which accumulated $14.6 billion in debt during the pandemic, continues to turn a profit despite high debt service costs, yet struggles to effectively compete against upscale rivals like Viking Cruises, which have redefined the industry with a focus on premium experiences.
See More
Northern Right Capital Fully Exits Norwegian Cruise Line Holdings Stake
- Stake Change: Northern Right Capital Management disclosed in an SEC filing on February 17, 2026, that it sold its entire holding of 790,760 shares in Norwegian Cruise Line Holdings, with an estimated transaction value of $19.48 million, indicating a complete exit from the investment.
- Asset Allocation Shift: This sale reduced Norwegian Cruise Line's stake from 6.0% to 0%, while Northern Right's other major holdings include NASDAQ:NWSA ($31.24 million, 8.2% of AUM) and NASDAQ:SATS ($28.07 million, 7.4% of AUM), reflecting a significant shift in its investment strategy.
- Market Performance Analysis: As of February 17, 2026, Norwegian Cruise Line's stock price stood at $24.10, down 8.64% over the past year, underperforming the S&P 500 by 17.80 percentage points, highlighting challenges faced by the company in a competitive cruise market.
- Industry Outlook Consideration: Despite the cruise industry performing well with full ships, Northern Right's exit may indicate a cautious stance on Norwegian's future growth potential, particularly given its substantial $14.6 billion debt load, even as the company remains profitable.
See More
Investor Rights Law Firm Investigates Multiple Companies
- Shareholder Rights Investigation: Halper Sadeh LLC is investigating Arcellx, Inc. (NASDAQ:ACLX) regarding its sale to Gilead Sciences, Inc. for $115 per share in cash plus a $5 contingent value right, which may impact shareholder rights and options.
- Transaction Terms Limitation: The sale of DigitalBridge Group, Inc. (NYSE:DBRG) to SoftBank Group Corp. for $16 per share in cash may contain terms that limit superior competing offers, affecting potential shareholder returns.
- Merger Impact: The merger between Mission Produce, Inc. (NASDAQ:AVO) and Calavo Growers, Inc. is expected to result in Mission shareholders owning approximately 80.3% of the combined entity, potentially altering the competitive landscape in the market.
- Legal Rights Protection: Halper Sadeh LLC encourages shareholders to consult on their rights at no cost, potentially seeking increased consideration and other remedies to safeguard investor interests.
See More
Monteverde Law Firm Investigates Multiple Acquisition Cases
- Shareholder Compensation Investigation: Monteverde Law Firm is investigating the transaction between Arcellx, Inc. and Gilead Sciences, Inc., where Arcellx shareholders are expected to receive $115 per share in cash plus a contingent value right of $5 per share upon achieving certain milestones, potentially providing significant returns for shareholders.
- DigitalBridge Group Transaction: The firm is also focusing on the transaction between DigitalBridge Group, Inc. and SoftBank Group, where DigitalBridge shareholders are expected to receive $16 per share in cash, offering direct cash benefits to shareholders.
- Merger Case Analysis: Monteverde Law Firm is examining the merger between Mission Produce, Inc. and Calavo Growers, Inc., where Calavo shareholders will receive 0.9790 shares of Mission Produce common stock and $14.85 in cash per share, which could reshape market dynamics.
- Commitment to Legal Services: The firm emphasizes its successful track record in securities class actions, dedicated to advocating for shareholder rights and ensuring that all companies and their executives adhere to the law, showcasing its professionalism and accountability in the legal field.
See More
Portolan Capital Reduces Stake in DigitalBridge Group
- Share Reduction Details: Portolan Capital disclosed in an SEC filing that it sold 4,643,280 shares of DigitalBridge Group in Q4 2025, with an estimated transaction value of $55.79 million, indicating a potential decrease in confidence in the company.
- Holding Percentage Shift: Following this sale, Portolan's stake in DigitalBridge dropped from 3.5% to 0.68%, reflecting a strategic shift in its investment approach within the digital infrastructure sector, which may influence future investment decisions.
- Market Performance Analysis: As of February 17, 2026, DigitalBridge shares were priced at $15.41, representing a 49% increase over the past year, significantly outperforming the S&P 500's 16% gain, indicating strong ongoing demand for its digital infrastructure services.
- Acquisition Context Impact: SoftBank's agreement to acquire DigitalBridge for approximately $4 billion at $16 per share in late 2025 highlights the growing importance of data centers and fiber networks in modern AI systems, although the recent share reduction may affect short-term investor sentiment.
See More
Stock Movers: Nvidia, Paramount, First Solar, Workday, Axon, HP Inc., Lucid, and Others
- Stock Market Movement: Stock futures were rising on Wednesday, indicating positive investor sentiment.
- Response to Political Events: Investors appeared to overlook President Donald Trump’s State of the Union address, focusing instead on market trends.
See More
Northern Right Capital Fully Sells Norwegian Cruise Line Shares
- Share Sale Details: Northern Right Capital Management reported on February 17, 2026, that it sold its entire holding of 790,760 shares in Norwegian Cruise Line Holdings, with an estimated transaction value of $19.48 million, indicating a complete divestment from the company.
- Impact on AUM: This sale resulted in a $19.48 million decrease in the fund's quarter-end position value, reducing its reported assets under management (AUM) from 6.0% to 5.1%, reflecting a diminished confidence in Norwegian Cruise Line's prospects.
- Industry Context: Despite the cruise industry performing well with full ships, Northern Right's sale suggests a cautious outlook on Norwegian Cruise Line's future growth potential, particularly when compared to larger competitors like Carnival and Royal Caribbean.
- Competitive Landscape: Norwegian Cruise Line, which accumulated $14.6 billion in debt during the pandemic, continues to turn a profit despite high debt service costs, yet struggles to effectively compete against upscale rivals like Viking Cruises, which have redefined the industry with a focus on premium experiences.
See More
Northern Right Capital Fully Exits Norwegian Cruise Line Holdings Stake
- Stake Change: Northern Right Capital Management disclosed in an SEC filing on February 17, 2026, that it sold its entire holding of 790,760 shares in Norwegian Cruise Line Holdings, with an estimated transaction value of $19.48 million, indicating a complete exit from the investment.
- Asset Allocation Shift: This sale reduced Norwegian Cruise Line's stake from 6.0% to 0%, while Northern Right's other major holdings include NASDAQ:NWSA ($31.24 million, 8.2% of AUM) and NASDAQ:SATS ($28.07 million, 7.4% of AUM), reflecting a significant shift in its investment strategy.
- Market Performance Analysis: As of February 17, 2026, Norwegian Cruise Line's stock price stood at $24.10, down 8.64% over the past year, underperforming the S&P 500 by 17.80 percentage points, highlighting challenges faced by the company in a competitive cruise market.
- Industry Outlook Consideration: Despite the cruise industry performing well with full ships, Northern Right's exit may indicate a cautious stance on Norwegian's future growth potential, particularly given its substantial $14.6 billion debt load, even as the company remains profitable.
See More
Investor Rights Law Firm Investigates Multiple Companies
- Shareholder Rights Investigation: Halper Sadeh LLC is investigating Arcellx, Inc. (NASDAQ:ACLX) regarding its sale to Gilead Sciences, Inc. for $115 per share in cash plus a $5 contingent value right, which may impact shareholder rights and options.
- Transaction Terms Limitation: The sale of DigitalBridge Group, Inc. (NYSE:DBRG) to SoftBank Group Corp. for $16 per share in cash may contain terms that limit superior competing offers, affecting potential shareholder returns.
- Merger Impact: The merger between Mission Produce, Inc. (NASDAQ:AVO) and Calavo Growers, Inc. is expected to result in Mission shareholders owning approximately 80.3% of the combined entity, potentially altering the competitive landscape in the market.
- Legal Rights Protection: Halper Sadeh LLC encourages shareholders to consult on their rights at no cost, potentially seeking increased consideration and other remedies to safeguard investor interests.
See More
Monteverde Law Firm Investigates Multiple Acquisition Cases
- Shareholder Compensation Investigation: Monteverde Law Firm is investigating the transaction between Arcellx, Inc. and Gilead Sciences, Inc., where Arcellx shareholders are expected to receive $115 per share in cash plus a contingent value right of $5 per share upon achieving certain milestones, potentially providing significant returns for shareholders.
- DigitalBridge Group Transaction: The firm is also focusing on the transaction between DigitalBridge Group, Inc. and SoftBank Group, where DigitalBridge shareholders are expected to receive $16 per share in cash, offering direct cash benefits to shareholders.
- Merger Case Analysis: Monteverde Law Firm is examining the merger between Mission Produce, Inc. and Calavo Growers, Inc., where Calavo shareholders will receive 0.9790 shares of Mission Produce common stock and $14.85 in cash per share, which could reshape market dynamics.
- Commitment to Legal Services: The firm emphasizes its successful track record in securities class actions, dedicated to advocating for shareholder rights and ensuring that all companies and their executives adhere to the law, showcasing its professionalism and accountability in the legal field.
See More
Portolan Capital Reduces Stake in DigitalBridge Group
- Share Reduction Details: Portolan Capital disclosed in an SEC filing that it sold 4,643,280 shares of DigitalBridge Group in Q4 2025, with an estimated transaction value of $55.79 million, indicating a potential decrease in confidence in the company.
- Holding Percentage Shift: Following this sale, Portolan's stake in DigitalBridge dropped from 3.5% to 0.68%, reflecting a strategic shift in its investment approach within the digital infrastructure sector, which may influence future investment decisions.
- Market Performance Analysis: As of February 17, 2026, DigitalBridge shares were priced at $15.41, representing a 49% increase over the past year, significantly outperforming the S&P 500's 16% gain, indicating strong ongoing demand for its digital infrastructure services.
- Acquisition Context Impact: SoftBank's agreement to acquire DigitalBridge for approximately $4 billion at $16 per share in late 2025 highlights the growing importance of data centers and fiber networks in modern AI systems, although the recent share reduction may affect short-term investor sentiment.
See More
Stock Movers: Nvidia, Paramount, First Solar, Workday, Axon, HP Inc., Lucid, and Others
- Stock Market Movement: Stock futures were rising on Wednesday, indicating positive investor sentiment.
- Response to Political Events: Investors appeared to overlook President Donald Trump’s State of the Union address, focusing instead on market trends.
See More
