INVESTOR ALERT – CEC ENTERTAINMENT: The Law Offices of Vincent Wong Investigates the Sale of CEC ENTERTAINMENT, INC. to Apollo Global Management, LLC
NEW YORK--(BUSINESS WIRE)--The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of CEC Entertainment, Inc. (NYSE:CEC) (“CEC Entertainment”) in connection with the sale of the Company to an affiliate of Apollo Global Management, LLC. (NYSE: APO).
Click here to learn about the case: http://docs.wongesq.com/CEC-Info-Request-Form-149. There is no cost or obligation to you.
Under the terms of the transaction, CEC Entertainment shareholders will receive $54.00 for each share of CEC Entertainment for each share of CEC Entertainment stock they own. The Board of CEC has also adopted a Shareholder Rights Plan pursuant to which shareholders may buy one ten-thousandth of a share of junior participating preferred stock at a purchase price of $54.00 per Right if a person or group acquires 10% or more of the Company’s common stock. The investigation concerns whether the CEC Entertainment Board of Directors breached their fiduciary duties to stockholders by failing to adequately shop the Company to obtain the best possible value for CEC Entertainment shareholders.
If you own common stock in CEC Entertainment and wish to obtain additional information, please contact Vincent Wong, Esq. either via email firstname.lastname@example.org, by telephone at 212.425.1140, or visit http://docs.wongesq.com/CEC-Info-Request-Form-149.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.