Posted
Private equity firm Centerbridge Partners LP has reached a deal to acquire Great Wolf Resorts Inc, the largest U.S. operator of indoor water parks, for $1.35 billion, including debt, people familiar with the matter said on Tuesday.
Read more from Reuters and the press release on PR Newswire.
I get the impression that they must have been somewhat hands off. We got to know a few people in the org when my wife was doing the ask-a-mom thing for them, and it seems like a lot of people had a very long tenure with the company. I would expect a "handsy" owner to replace a lot of senior people with their own.
Jeff - Editor - CoasterBuzz.com - My Blog
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