logo
Share SHARE
FONT-SIZE Plus   Neg

K-9 Acquisition Extends Tender Offer For Great Wolf Resorts

K-9 Acquisition Inc., an affiliate of Apollo Global Management (APO), and Great Wolf Resorts Inc. (WOLF), announced that they have extended the previously announced cash tender offer for all outstanding Great Wolf shares or "Offer" for a period of 10 business days.

K-9 is extending the expiration of the Offer until on April 20, 2012, unless further extended or earlier terminated. The Depositary has informed K-9 that, as of on April 4, 2012, 1.39 million shares of common stock have been validly tendered and not validly withdrawn.

In addition, K-9 Investors, L.P., an affiliate of Apollo, announced that it has extended the previously announced change of control offerfor all of the outstanding 10.875% First Mortgage Notes due 2017 so that the Change of Control Offer will expire simultaneously with the Offer.

The Change of Control Offer was previously scheduled to expire on April 13, 2012. The Holding Partnership is extending the expiration of the Change of Control Offer until on April 20, 2012, unless further extended or earlier terminated.

Accordingly, the tender deadline under the Change of Control Offer is extended to April 17, 2012 and the withdrawal deadline under the Change of Control Offer is extended to April 18, 2012.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
The recent week marked the lull before the storm, with very few market moving economic numbers released during the week. However, the economic news flow picks up pace in the upcoming week, offering glimpses into every vehicle of economic growth, ranging from consumers to private sector activity to housing.... Life expectancy at birth in the U.S. is already lower than most other developed nations and is now projected to fall further behind by 2030, according to a new study. It also suggests that by 2030, national female life expectancy in South Korea could break the 90 year barrier. Department store chain J.C. Penney Co. Inc. on Friday reported a turnaround to profit in the fourth quarter as a slight decline in sales was more than offset by lower expenses. Adjusted earnings per share for the quarter beat analysts' expectations, while revenues slightly missed their estimates. Earlier today, J.C. Penny announced a plan to optimize its national retail operations.
comments powered by Disqus
Follow RTT