Great Wolf Resorts Inc. (NASDAQ:WOLF) recently has agreed to be acquired by an affiliate of Apollo Global Management, LLC (APO) for approximately $703 million, assuming the company’s outstanding debt.
The private equity behemoth, Apollo made an offer to purchase all outstanding shares of the Great Wolf common stock for $5.00 per share. As of March 12, 2012, the offer price equates to a premium of 72.9% over the six-month average of Great Wolf’s share price, premium of 50.4% over the ninety-day … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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