After Apollo Group announced it plans to buy Great Wolf Resort (NASDAQ:WOLF), shares jumped 22%.The company announced earlier today that Apollo Group acquire Great Wolf for $703 million.Great Wolf Resorts (NASDAQ:WOLF) has potential upside of 7.4% based on a current price of $5.12 and an average consensus analyst price target of $5.5.Great Wolf Resorts is currently above its 50-day moving average (MA) of $3.49 and above its 200-day of $2.92.In the last five trading sessions, the 50-day MA has climbed 2.39% while the 200-day MA has risen 0.7%.Great Wolf Resorts, Inc. owns and operates full-service resorts. The Company’s resorts are family-oriented providing suites, waterparks, arcades, and full-service spas.