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P-E firm Apollo (APO) has won the battle for Great Wolf (WOLF) with its offer of $7.85/share,...

P-E firm Apollo (APO) has won the battle for Great Wolf (WOLF) with its offer of $7.85/share, which rival KSL decided on Friday not to match after a ding-dong auction that involved six bids and counterbids following Apollo's initial $5/share proposal. The winning bid values the water-park operator at $262.2M.
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