date:Jan 17, 2014
ning company McGraw-Hill Education. Apollo was founded in 1990 by billionaire Leon Black.
Chuck E. Cheese's has been in need of a turnaround. The company saw same-store sales fall 2.1 percent year-over-year in the third quarter and posted a 3.6 percent drop in food and beverage sales. Total revenues for the quarter fell 0.4 percent to 195.6 million from 196.6 million a year earlier.
Chuck E. Cheese's isn't the first restaurant chain to be bought up in recent months, nor will it be the last. In