Before The Bell
FONT-SIZE Plus   Neg
Share SHARE

Great Wolf Resorts (WOLF) Rose To A New High After Takeover Offer

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 gapped open higher Monday and climbed during the first hour of trade. The stock was range-bound for the remainder of the session and finished up by 0.86 at $7.44 on above average volume. Great Wolf Resorts surged to its second consecutive new high for the year.

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

comments powered by Disqus