Great Wolf Sale May Be Nearer; Resort Owner's Agreement Averts Proxy Battle

The Milwaukee Journal Sentinel › May 14, 2008

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Summary

Madison-based Great Wolf Resorts Inc. may be moving closer to a sale after the company agreed to accept three director candidates supported by a dissident shareholder, averting a proxy battle.

Great Wolf, which operates water-park resorts, announced that two of the three director candidates nominated by Hovde Capital Advisors LLC will be added to the slate of director candidates nominated by Great Wolf.

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Extract

Great Wolf Sale May Be Nearer; Resort Owner's Agreement Averts Proxy Battle

Those two candidates are Eric Hovde, president and CEO of Washington, D.C.-based Hovde Capital, and Richard Murray, a Hovde ...

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