Great Wolf Resorts, Inc. (WOLF: Quote) Sunday said it has received an unsolicited letter from KSL Capital Partners proposing to acquire Great Wolf for $7.00 per share in cash, including due diligence and certain conditions related to debt waivers.
The company's Board will consider and evaluate the new proposal and will pursue the course of action that it determines is in the best interests of the company and its stockholders.
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by RTT Staff Writer
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