Telecom Signaling Industry News

TMCNet:  Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of CEC Entertainment, Inc. Shareholders

[January 16, 2014]

Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of CEC Entertainment, Inc. Shareholders

NEW YORK --(Business Wire)--

Kirby McInerney LLP is investigating potential claims against the Board of Directors of CEC Entertainment, Inc. ("CEC" or the "Company") (NYSE:CEC) concerning the proposed acquisition of the Company by an affiliate of Apollo Global Management, LLC ("Apollo") (NYSE:APO). Under the terms of the definitive merger agreement, CEC shareholders will receive $54.00 in cash for each share of CEC owned, valuing the transaction at approximately $1.3 billion, including the assumption of CEC's outstanding debt.

The investigation concerns whether the CEC Board of Directors violated its fiduciary duties by agreeing to the proposed transation and whether the $54.00 per share proposed consideration adequately values CEC's common stock.

If you are a CEC shareholder and wish to obtain additional information, please contact J. Brandon Walker, Esq. by email at, by telephone at (212) 699-1145 or (888) 529-4787, or by filling out this contact form. There is no cost or obligation to you.

Kirby McInerney LLP is a New York-based law firm concentrating in securities, shareholder, whistleblower, antitrust and consumer litigation. For additional information, please go to

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