It's an MSO acquisition. Knology is a cable operator in 12 markets, including a section of Pinellas County, Florida. Knology announced it is pay $160M to acquire Sunflower Broadband, a Lawrence Kansas ISP infamous for bandwidth caps.
From MultiChannel, "Knology has about 600,000 residential voice, video and data subscribers in Florida, South Dakota, Georgia, South Carolina, Alabama and Tennessee. Sunflower will add about 51,000 homes passed and around 105,000 revenue generating units in Lawrence, Eudora and Douglas counties in Kansas."
At the same time, Knology is trying to re-finance $770M in debt, according to Business Week.