Wow agreed to divest its South Dakota systems...
Wow agreed to divest its South Dakota systems to Clarity for about $262 million. Wow systems in Sioux Falls and Rapid City had more than 52,500 customers March 31, and generated annual revenue of about $81.1 million in 2013, Wow…
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said Friday in a news release (http://bit.ly/1pUl9Ih). The sale will enhance Wow’s operating efficiencies and enable it to continue focusing on long-term strategic initiatives, it said. RBC Capital Markets was Wow financial adviser on the transaction, it said.