Great Wolf Resorts, Inc. (WOLF) late Friday said that private equity firm KSL Capital Partners, which has been eying waterpark resorts operator, informed that it does not intend to submit any further takeover proposals.
Great Wolf has already agreed to be acquired by Apollo Global Management (APO) for its revised offer of $7.85 per share in cash, and urged its shareholders to accept that offer. Apollo's revised tender offer is scheduled to expire on Friday, May 4.
Great Wolf said the sweetened offer represents a premium of 87% over Great Wolf's closing stock price on the day prior to the announcement of Apollo's original offer on March 12. It also represents a premium of 171% to the six-month average of Great Wolf's share price prior to the initial announcement.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.