Morgan Stanley’s infrastructure investment arm is in talks to acquire WideOpenWest Inc., a provider of broadband and other cable services, according to people with knowledge of the matter. The stock rose as much as 18%.
Morgan Stanley Infrastructure Partners is in exclusive talks with WideOpenWest, which does business as Wow!, said one of the people, all of whom requested anonymity discussing confidential information. A transaction hasn’t been finalized, and it’s possible talks end without a deal, the people added.