Chuck E. Cheese sold for nearly $1 billion
Share Now on:
Chuck E. Cheese sold for nearly $1 billion
Let’s paint a little picture of one corporate story in the news this Thursday morning…
Men and women in $4000 suits sitting around a fancy, mahogany-lined boardroom at a big private equity firm.
They’re earnestly discussing a new and promising acquisition…
Chuck E. Cheese. You know, the place where “a kid can be a kid?”
An entity connected to Apollo Global Management is buying the restaurant and arcade game chain for $950 million (when the assumption of debt is included)
Chuck E. Cheese — the restaurant chain with pizza, high-pitched laughter and sometimes tears.
Marketplace is on a mission.
We believe Main Street matters as much as Wall Street, economic news is made relevant and real through human stories, and a touch of humor helps enliven topics you might typically find…well, dull.
Through the signature style that only Marketplace can deliver, we’re on a mission to raise the economic intelligence of the country—but we don’t do it alone. We count on listeners and readers like you to keep this public service free and accessible to all. Will you become a partner in our mission today?