Deals
Centerbridge to Acquire Great Wolf From Apollo for $1.35 Billion
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Centerbridge Partners, the $25 billion investment firm, agreed to buy water park operator Great Wolf Resorts Inc. from Apollo Global Management LLC.
The transaction value is $1.35 billion including debt, a person with knowledge of the matter said, who asked not to be named because the terms weren’t publicly disclosed. The deal is expected to close next quarter, the companies said in a Tuesday statement.