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Centerbridge could make a splash with potential sale of Great Wolf water parks

Centerbridge Partners is reportedly exploring selling its Great Wolf Resorts water park chain. The Chicago-based firm began considering a sale after receiving an unsolicited takeover bid that could be worth more than $3 billion for the national chain, which includes a portfolio of 17 indoor water parks and two more in development in Scottsdale, Arizona and Manteca, California, according to Bloomberg. Great Wolf is set to generate more than $300 million in earnings before interest, […]

from The Real Deal New York http://bit.ly/2J734IG

#SkylineProperties #TheRealDealNewYork

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