• 4 years ago
On Thursday, CEC Entertainment, the parent company of Chuck E. Cheese, filed for Chapter 11 bankruptcy protection.
Chuck E. Cheese's finances have been in freefall since the start of the pandemic.
One in five restaurants set to close due to the pandemic.
The company has mounting debt and thrice-downgraded credit scores.
CEC Entertainment plans to continue reopening Chuck E. Cheese locations as it navigates bankruptcy.

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