KSL Lifts Bid For Great Wolf Resorts

Great Wolf Resorts Inc

received a takeover bid of $7 per share from KSL Capital Partners. Late Wednesday, Great Wolf received a bid of $6.25 per share from KSL Capital Partners. The proposal by KSL Capital Partners also tops a bid of $6.75 per share by Apollo Global Management LLC. WOLF shares closed at $6.58 on Thursday.