The Law Office of Jack Stuart Beige & Associates, P.C. announces that it is investigating the Board of Directors of CEC Entertainment, Inc. (“CEC”) (NYSE: CEC) for possible breaches of fiduciary duties and other violations of law in connection with CEC’s agreement to be acquired by Apollo Global Management (“Apollo”). Under the terms of the proposal, public stockholders of CEC would receive $54.00 per share in cash for each share of CEC they own in a transaction valued at approximately $1.3 billion. The investigation concerns whether CEC’s Board of Directors breached its fiduciary duties to stockholders, whether the proposed consideration to be paid to CEC’s stockholders would be fair and adequate, and whether CEC is acting in its stockholders’ best interests. A lawsuit was recently filed in Kansas state court in connection with the proposal. If you own CEC common stock, purchased your shares prior to January 16, 2014, and wish to obtain additional information, please contact Joseph R. Beige, Esquire either via email at email@example.com or by telephone at (631) 231-7725. Joseph R. Beige, Esquire has been an attorney for over 17 years and prosecutes securities class actions, derivative actions, shareholder rights actions, and corporate governance actions on behalf of stockholders. Attorney advertising. Prior results do not guarantee a similar outcome.
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