Block & Leviton LLP Investigates Great Wolf Resorts, Inc.'s Board of Directors for Possible Breaches of Fiduciary Duty

BOSTON, March 13, 2012 /PRNewswire/ -- Block & Leviton LLP (www.blockesq.com), a Boston-based law firm representing investors nationwide, has commenced an investigation into possible breaches of fiduciary duties by the Board of Directors of Great Wolf Resorts, Inc. ("Great Wolf" or the "Company") (NASDAQ: WOLF) with regards to the proposed acquisition of the Company by Apollo Global Management LLC ("Apollo").  The transaction is for $5.00 per share, or a net purchase price of about $703 million, including debt.

Block & Leviton's investigation seeks to determine, among other things, whether Great Wolf's Directors breached their fiduciary duties by failing to maximize shareholder value in the proposed transaction.  The offer price of $5.00 per share represents only a 19 percent premium over Great Wolf's closing stock price on Monday of this week.  Moreover, Great Wolf's stock price has surged 30 percent in recent months and at least one industry analyst recently set a target price of $6.00 per share for the Company's stock.

If you are a Great Wolf shareholder and have questions about your legal rights, please contact Mark Delaney at (617) 398-5650 or email him at [email protected].

Block & Leviton is a Boston-based law firm representing investors for violations of securities laws.  The firm's lawyers have collectively been prosecuting securities cases on behalf of investors for over 50 years.

This notice may constitute attorney advertising.

SOURCE Block & Leviton LLP

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