Apollo Global (APO) has raised its offer for water parks operator Great Wolf Resorts (WOLF) by...

|About: Apollo Global Management,... (APO)|By:, SA News Editor

Apollo Global (APO) has raised its offer for water parks operator Great Wolf Resorts (WOLF) by 35% to $225.7M, or $6.75/share, after KSL Capital Partners made a hostile bid of $6.25 on Wednesday. WOLF closed +15.4% at $6.58 on Thursday.