Some grown-up changes for the place where kids could be a kid.
Some grown-up changes for the place where kids could be a kid. Chuck E Cheese's parent company was sold to a private equity group, known for turning around troubled chains.
Apollo Global Management agreed to pay $1.3 billion for the company, CEC Entertainment. This is the same company that helped turn around Hostess last year.
Chuck E Cheese's has been struggling financially. It's been around since 1977 and has nearly 600 restaurants across the country.
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