Apollo Lifts Offer For Great Wolf Resorts

Apollo Global Management LLC

lifted its offer to buy Great Wolf Resorts

to $7.85 per share. Apollo's offer values Great Wolf at $262.2 million. KSL had lifted its offer for Great Wolf to $7.25 per share on Thursday. APO shares dropped 3.85% to close at $12.99 on Friday, while WOLF shares fell 0.50% to $8.02 in the after-hours trading session.