MADISON, Wis. — Apollo Global Management has won the bidding war with KSL Capital Partners over Great Wolf Resorts, according to numerous reports.

Following a tight bidding war, Apollo raised its Great Wolf bid to $7.85 a share from its prior offer of $7 a share on Friday, the day after KSL Capital Partners offered $7.25 a share.

According to Great Wolf, KSL declined to make another offer.

Apollo first bid on Great Wolf with an offer of $5 a share last month, while KSL started the bidding war with an offer of $6.25 a share.

Keep Reading

Latest Hotel News

Does your hotel’s furniture sit well with today’s guests?


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.