Blackstone takes controlling interest in Great Wolf Resorts

Oct. 02, 2019 7:40 AM ETBlackstone Inc. (BX)By: Liz Kiesche, SA News Editor8 Comments
  • Blackstone (NYSE:BX) Real Estate Partners IX is acquiring a 65% controlling stake in Centerbridge Partners' Great Wolf Resorts, which owns an operates 18 family-oriented entertainment resorts.
  • As part of the transaction Blackstone and Centerbridge will form a new $2.9B joint venture to own Great Wolf.
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