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Great Wolf Resorts (WOLF) Is Up Sharply After KSL Offer

4/9/2012 9:44 AM ET

Great Wolf Resorts (WOLF: Quote) announced Sunday that it received an unsolicited letter from KSL Capital Partners proposing to acquire Great Wolf for $7.00 per share in cash.

Great Wolf Resorts has gapped open higher Monday morning and is now up 0.68 at $7.26. The stock has climbed to its second consecutive new high for the year.

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by RTT Staff Writer

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