Monday, January 4, 2021

Chuck E. Cheese parent emerges from bankruptcy protection

Restaurant Dive
CEC Entertainment announced on Dec. 30 that the company emerged from Chapter 11 bankruptcy protection and reduced debt obligations by about $705 million. This marks the completion of the company's financial restructuring process, and CEC has over $100 million of liquidity to fund operations and growth plans. The company also has a new seven-member board of directors. . . more