1. A Private Equity Firm Just Bought Chuck E. Cheese For $950 Million

    A Private Equity Firm Just Bought Chuck E. Cheese For $950 Million

    Leon Black's Apollo Management said it was going to put its $18.4 billion war chest to work, and now we're seeing that work in action.  CEC Entertainment, the company that owns children's pizza joint and baby-sitting nightmare Chuck E. Cheese, has just agreed to be acquired by an affiliate of the PE firm for a fair amount of cheese (sorry) — $950 million, or $54 a share...

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    1. We look forward to partnering with CEC's exceptional management team, talented employees and franchise partners to support the continued growth of the Company.
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