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Faruqi & Faruqi, LLP Announces Investigation into Possible Breaches of Fiduciary Duties by the Board of Great Wolf Resorts Inc. in Connection with the Sale of the Company to Apollo Global Management LLC

NEW YORK--(BUSINESS WIRE)--

Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Great Wolf Resorts Inc. (“Great Wolf” or the “Company”) (NASDAQ: WOLF) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Apollo Global Management LLC (NYSE: APO), in an all-cash deal valued at about $167 million. Under the terms of the proposed transaction, Great Wolf stockholders will receive $5 in cash for each share of Great Wolf common stock they own, while according to Yahoo! Finance, at least one financial analyst has set a price target of $6 for Great Wolf. The proposed transaction is structured as a tender offer and may be effectuated without a shareholder vote.

Request more information now by clicking here: www.faruqilaw.com/WOLF. There is no cost or obligation to you.

Whether Great Wolf's Board of Directors breached their fiduciary duties to the Company's stockholders by failing to conduct an adequate and fair sales process prior to agreeing to this proposed transaction, whether the proposed transaction undervalues Great Wolf's shares and by how much this proposed transaction undervalues the Company to the detriment of Great Wolf's shareholders are the key focus of this investigation.

Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, throughout all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm's clients.

If you own common stock in Great Wolf and wish to obtain additional information and protect your investment free of charge, please visit us at www.faruqilaw.com/WOLF or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.

Attorney Advertising. (C) 2012 Faruqi & Faruqi, LLP. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We are happy to discuss your particular case.

Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
jmonteverde@faruqilaw.com
Toll Free: 877-247-4292
Phone: 212-983-9330

 

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