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Great Wolf Resorts to vote for three director nominees chosen by Eric D. Hovde and affiliates
By Lisa Kerner
Charlotte, N.C., May 13 - Great Wolf Resorts, Inc. and affiliates of Eric D. Hovde entered into a standstill agreement in which Great Wolf agreed to nominate, solicit proxies for and vote in favor of Eric D. Hovde, Richard T. Murray III and another acceptable person at the company's annual meeting.
The investors agreed to terminate their proxy solicitation, according to a schedule 13D filing with the Securities and Exchange Commission.
Hovde and his affiliates beneficially own some 1.73 million shares, or 5.6%, of the Madison, Wis.-based, resort owner/operator.
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