date:Jan 17, 2014
an. 8 at $49.58, the highest close since the company began trading on the NYSE in 1990.
We are excited about this transaction with Apollo, as it recognizes the value of CEC's global brand, strong cash flows and growth prospects while providing our shareholders with an immediate and substantial premium, Michael H. Magusiak, the chief executive of CEC, said in a statement.
Apollo's other investments include tween jewelry retailer, Claire's, whirlpool manufacturer Jacuzzi Brands and digital lear