Great Wolf Lodge in Traverse City Will Soon Have A New Owner

Great Wolf Lodge in Traverse City will soon have a new owner.

An affiliate of Apollo Global Management told us they have a definite merger agreement with Great Wolf Resorts.

Apollo will eventually buy the chain of indoor water park resorts for more than $700,000,000.

This was approved by Great Wolf's board of directors.

Apollo said that they are excited about the continued growth of the popular resort chain.

9&10 News is following the reported sale and will bring you continuing coverage as more details become available.