Showing posts with label Great Wolf Resorts. Show all posts
Showing posts with label Great Wolf Resorts. Show all posts

Wednesday, March 14, 2012

NASDAQ Stock Alert: Great Wolf Resorts (NASDAQ: WOLF) Soars on Acquisition News

NASDAQ Stock Alert: Great Wolf Resorts (NASDAQ: WOLF) Soars on Acquisition NewsOrlando, FL 3/14/12 (StreetBeat) -- www.InvestorIdeas.com, a global investor research portal for independent investors, reports on one of the top NASDAQ percentage gainers in yesterday’s trading session, Great Wolf Resorts, Inc. (NASDAQ: WOLF). The stock was trading up at $5.23, up 1.04(24.82%) 1:33PM EDT on over 8.6 Million shares. The stock soared on acquisition news and closed at $5.32.

An affiliate of Apollo Global Management, LLC (NYSE: APO) and Great Wolf Resorts, Inc. (NASDAQ: WOLF) announced that they have entered into a definitive merger agreement with Apollo will acquiring Great Wolf, North America’s largest family of indoor waterpark resorts, for approximately $703 million, including the assumption of the Company’s outstanding debt.

The news was followed by the usual flow of press releases by law firms questioning the deal.

Great Wolf Resorts, Inc. ® (NASDAQ: WOLF )is North America’s largest family of indoor waterpark resorts, and, through its subsidiaries and affiliates, owns and operates its family resorts under the Great Wolf Lodge® brand. Great Wolf Resorts is a fully integrated resort company with Great Wolf Lodge locations in: Wisconsin Dells, Wis.; Sandusky, Ohio; Traverse City, Mich.; Kansas City, Kan.; Williamsburg, Va.; the Pocono Mountains, Pa.; Niagara Falls, Ontario; Mason, Ohio; Grapevine, Texas; Grand Mound, Wash.; and Concord, N.C. Great Wolf’s consolidated subsidiary, Creative Kingdoms, LLC, is a developer and operator of technology-based, interactive quest adventure experiences such as MagiQuest®. http://www.greatwolf.com

About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sector. Sectors we cover include; cleantech and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, water, tech, defense stocks, nanotech, agriculture and gaming.
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas

Get Free investor news and stock alerts
Sign Up: http://www.investorideas.com/Resources/Newsletter.asp

Join Investor Ideas Get 13 of the best stock directories online;
Research China stocks, oil and gas stocks, gold stocks, water stocks, renewable energy stocks (over 1300 green stocks in directory) and more
Join: http://www.investorideas.com/membership/

Please contact www.thestreetbeat.com for interest in our latest investor relations platform the “CEO Interview Series” with its host Steve Kanaval. The package includes a one-on-one interview with a seasoned industry professional; published segment to our web site with embedded audio/video file; and a compressed file that can be easily e-mailed out to your current and/or potential investors. Please e-mail bflautt@gmail.com or call (662) 392-0740 for pricing and scheduling.

StreetBeat Disclaimer

Distributed by Viestly

Tuesday, March 13, 2012

Great Wolf Resorts (Nasdaq: WOLF) Stock Up 27% on Takeout

Great Wolf Resorts (Nasdaq: WOLF) Stock Up 27% on TakeoutShawShank, VA March 13,2012 (StreetBeat) -- Apollo Global Management is taking a dive into the world of indoor water parks. The investment manager is buying Great Wolf Resorts (Nasdaq: WOLF) for about $167.1 million, or roughly $5 a share, which is a 19% premium over the Madison, Wis.-based company’s closing stock price yesterday.

The news sent Great Wolf’s share price soaring 23% to $5.12 a share in morning market action.

Apollo valued the deal at $703 million including the assumption of debt. The offer was unanimously approved by Great Wolf’s board, which is advising the company’s shareholders to tender their shares.
Great Wolf operates 11 properties across the country.

Please contact www.thestreetbeat.com for interest in our latest investor relations platform the “CEO Interview Series” with its host Steve Kanaval. The package includes a one-on-one interview with a seasoned industry professional; published segment to our web site with embedded audio/video file; and a compressed file that can be easily e-mailed out to your current and/or potential investors. Please e-mail bflautt@gmail.com or call (662) 392-0740 for pricing and scheduling.

StreetBeat Disclaimer

Distributed by Viestly

Friday, December 16, 2011

Great Wolf Resorts (Nasdaq: WOLF) Sees Growth in 2012

Great Wolf Resorts (Nasdaq: WOLF) Sees Growth in 2012Orlando, FL 12/16/11 (StreetBeat) -- Great Wolf Resorts Inc. (Nasdaq: WOLF), the Madison operator of Great Wolf Lodge water park resorts, said Thursday that its fourth-quarter adjusted earnings are expected to be at the top end of the company's guidance on same-store revenue per available room growth of about 8.5 percent.

The company said adjusted earnings for the year ending Dec. 31, 2012, are expected to be more than $80 million, with fourth-quarter earnings of about $12.5 million.

Great Wolf also introduced earnings guidance for 2012, predicting an increase in adjusted earnings of about 4 to 11 percent to $83 million to $89 million. Adjusted earnings exclude a variety of expenses including taxes, depreciation and amortization.
Revenue per available room, a key lodging statistic, is expected to grow by 3 percent to 7 percent in 2012, based on a current assessment of business conditions, including a forecast of consumer demand and discretionary spending trends.

"Our operating performance throughout 2011 has been extremely strong, which should result in significantly better results than we had anticipated as we entered the year," said Great Wolf CEO Kim Schaefer.

StreetBeat Disclaimer

Distributed by Viestly