Great Wolf Resorts, Inc. WOLF yesterday announced that it has received an unsolicited letter from KSL Capital Partners proposing to acquire Great Wolf for $6.25 per share in cash, subject to certain conditions, including due diligence and certain conditions related to debt waivers.
The Company had previously entered into a definitive merger agreement with an affiliate of Apollo Global Management, LLC APO providing for Apollo to acquire Great Wolf for $5.00 per share in cash.
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