CEC Entertainment, the mother of Chuck E. Cheese and Peter Piper Pizza, filed for bankruptcy protection after the crown pandemic shuttered their sites and families cared for at home. The deposit in the Southern District of Texas US Bankruptcy Court CEC makes the latest in a series of companies, with tip-19 Covid sales Lockdown is drained to keep consumers at home and companies are pushing to the brink of bankruptcy. CEC, acquired by private equity firm Apollo Management Inc. leveraged buyout in 2014, it has more than 600 branches Chuck E. Cheese and more than 120 Peter Piper Pizza locations. entertainment industries and entertainment were among the hardest hit by state and federal guidelines, to stay at home. Although the restrictions are beginning to ease, it is unclear how many consumers are willing to return the entire family destinations. CEC Irving, Texas-based was originally named ShowBiz Pizza Place Inc., the company formed in 1998, it changed its name to CEC Entertainment and today has changed its affiliates operate places with locations in 47 states and 16 other countries and territories, according to its web site. Taking a parent company plan Queso Holdings Inc. Public CEC through a merger with convenient Leo Holdings Corp. was abandoned last year – a deal that would worth about $1.4 billion of the company. -With the help of Ken McCallum. image rights of Bruce Bennett Getty Images
Chuck E. Cheese parent company insolvent
