After going private five years ago, Chuck E. Cheese will be a public company once again
After going private five years ago, Chuck E. Cheese will be public once again. The chain's parent company is merging with a publicly traded acquisitions firm. That combined company will start trading under the CEC symbol on the New York Stock Exchange this year.
Read MoreNow, the plan is to"continue to aggressively pursue opportunities in the next stage of our company's evolution," CEC CEO Tom Leverton said in a statement announcing the merger. The brand will remodel stores, introduce new products and continue to expand internationally. The chain, which is owned by Queso Holdings, will merge with Leo Holdings. Once the deal goes through, Leo will change its name to Chuck E. Cheese Brands Inc. "This is a perfect time for Chuck E.
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