|[January 16, 2014]
Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of CEC Entertainment, Inc. Shareholders
NEW YORK --(Business Wire)--
Kirby McInerney LLP is investigating potential claims against the Board
of Directors of CEC Entertainment, Inc. ("CEC" or the "Company")
(NYSE:CEC) concerning the proposed acquisition of the Company by an
affiliate of Apollo Global Management, LLC ("Apollo") (NYSE:APO). Under
the terms of the definitive merger agreement, CEC shareholders will
receive $54.00 in cash for each share of CEC owned, valuing the
transaction at approximately $1.3 billion, including the assumption of
CEC's outstanding debt.
The investigation concerns whether the CEC Board of Directors violated
its fiduciary duties by agreeing to the proposed transation and whether
the $54.00 per share proposed consideration adequately values CEC's
If you are a CEC shareholder and wish to obtain additional information,
please contact J. Brandon Walker, Esq. by email at firstname.lastname@example.org,
by telephone at (212) 699-1145 or (888) 529-4787, or by filling
out this contact form. There is no cost or obligation to you.
Kirby McInerney LLP is a New York-based law firm concentrating in
securities, shareholder, whistleblower, antitrust and consumer
litigation. For additional information, please go to www.kmllp.com.
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