In a rare move, Chuck E. Cheese's parent is going public again, five years after its takeover by buyout firm Apollo Global
Chuck E. Cheese is taking the road less traveled back to the public markets.
CEC Entertainment Inc., parent of restaurant chains Chuck E. Cheese and Peter Piper Pizza, said it agreed to combine with special purpose acquisition company Leo Holdings Corp. to go public on the New York Stock Exchange with an initial enterprise value of about $1.4 billion. The transaction is expected to close in the second quarter, after which the new entity will be traded on NYSE.
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Chuck E. Cheese's parent is going public againChuck E. Cheese's parent company is returning to the New York Stock Exchange through a merger with a special purpose company, making it the first restaurant company to enter the public market in four years.
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