Disclosure Insight Maintains Medium Risk Rating on Knology

A report from D.I. reiterates its Medium Risk Negative Bias rating on Knology (NASDAQ: KNOL).

The report states, “Acquisition activity; executive suite turnover; and the chairman and CEO positions being held by one person support our opinion of a Medium Risk - Negative Bias rating on KNOL. KNOL reported 5 acquisitions for $533 million, of which $229 million was allocated to goodwill. There have been 3 changes in the CFO position.”

KNOL closed yesterday at $13.97.