Chuck E. Cheese parent calls off merger with Leo Holdings [Reuters]
Leo Holdings Corp. II Class A Ordinary Shares (LHC)
Company Research
Source: Reuters
Chuck E. Cheese parent calls off merger with Leo Holdings - Reuters 1 Min Read July 29 (Reuters) - Restaurant chain Chuck E. Cheese parent CEC Entertainment Inc said on Monday it was terminating its decision made in April to merge with Leo Holdings Corp , a blank check company. The two companies did not disclose the reason for the termination. The deal would have reintroduced CEC as a public listed company on the New York Stock Exchange. Irving, Texas-based CEC is owned by Queso Holdings and was taken private by Apollo Global Management in 2014 for $1.3 billion, including debt. It has since sought to broaden its appeal beyond children and teenagers, expanding its alcohol offerings for adults. Queso Holdings said it has canceled the extraordinary general meeting scheduled on Tuesday. Reporting by Nivedita Balu in Bengaluru; Editing by ShaileshKuber and Arun Koyyur All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2019 Reuters. A
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