Great Wolf Gets $7.00/Share Takeover Offer From KSL Capital Partners

4/8/2012 5:05 PM ET

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.

Click here to receive FREE breaking news email alerts for GREAT WOLF RESORTS INC and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

<<Previous 125 Articles

Editors Pick

Modest Weakness Remains Visible On Wall Street As Fed Looms - U.S. Commentary

While selling pressure has remained subdued, stocks continue to see modest weakness in mid-day trading on Wednesday. The losses on the day are partly offsetting the gains posted over the course of the two previous sessions. The major averages have moved to the downside in recent trading, with the Nasdaq hitting a new low for the session.

CBO Finds Senate Immigration Bill Would Reduce Budget Deficit

Providing a potential boost to comprehensive immigration reform, the non-partisan Congressional Budget Office has estimated that the immigration bill currently being debated in the Senate would result in a notable reduction to the federal budget deficit.

Angelina Jolie Listens To Tragic Stories Of Syrians Fleeing Conflict

Along a dirt track on an unexpectedly cool and windy night on Jordan's border with Syria, as shadows lengthened across the barren hills, UNHCR Special Envoy Angelina Jolie listened to the stories of men, women and children who had fled Syria just hours before. She heard stories of bombs and pain and loss from people fleeing Homs, Dara'a and Qusair, three of the communities devastated by the Sy