Law Offices of Howard G. Smith Announces That the Tender Offer for Great Wolf Resorts, Inc. Will Expire on April 10, 2012
March 15 2012 - 6:33PM
Business Wire
Law Offices of Howard G. Smith announces that the tender offer
for Great Wolf Resorts Inc. by an affiliate of Apollo Global
Management will expire on April 10, 2012. If you have any questions
regarding the tender offer, feel free to contact the Law Offices of
Howard G. Smith at (888) 638-4847 or at
howardsmith@howardsmithlaw.com. Law Offices of Howard G. Smith is
currently investigating potential claims against the Board of
Directors of Great Wolf Resorts, Inc. (“Great Wolf” or the
“Company”) (NASDAQ: WOLF) related to the proposed acquisition of
the Company by Apollo Global Management. The transaction is valued
at approximately $167 million or $5.00 per share.
The investigation concerns whether the Board of Directors of
Great Wolf breached their fiduciary duties to stockholders by
failing to adequately shop the Company before agreeing to enter
into the proposed transaction, and whether the Company has
disclosed all material information to shareholders about the
transaction. The Company has seen substantial recent growth. Its
share price has skyrocketed from $2.26 on December 13, 2011 to
$4.33 on March 5, 2012. Further, at least one analyst has set a
target price for the Company’s stock at $6.00.
If you are a shareholder of Great Wolf, if you have information
or would like to learn more about these claims, or if you wish to
discuss these matters or have any questions concerning this
announcement or your rights or interests with respect to these
matters, please contact Howard G. Smith, Esquire, of Law Offices of
Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem,
Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at
(888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or
visit our website at http://www.howardsmithlaw.com.
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