NEW YORK, Jan. 16, 2014 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) 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 Apollo Global Management LLC ("Apollo").
On January 16, 2014, it was announced that CEC had received an acquisition proposal pursuant to the terms of which the Company would be acquired by Apollo. Under the terms of offer, CEC shareholders would receive $54 per share in cash.
Our investigation concerns whether the CEC board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company shareholders.
If you own CEC shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Benjamin I. Sachs-Michaels, Esq.
Robert I. Harwood, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
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SOURCE Harwood Feffer LLP