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.
by RTT Staff Writer
For comments and feedback: email@example.com