CEC LOOKING FOR BUYOUT!

As reported in my whole deep dive on Northridge, CEC is absolutely struggling- and has cut parts of the company such as R&D for new food products and programming for showtapes.

Now its reported from Reuters that CEC’s parent company Monarch- who bought CEC out of its bankruptcy in 2020, is looking to sell the company most likely from being able to earn back their losses since acquisition.

Its very likely from the massive debts of 2.0 that the company is struggling bad if they’re going for another sale. Currently nobody has made any deals, but CEC has reportedly been shopping around to other equity firms, and places like Dave & Busters. If nobody purchases them, CEC would have to turn around their debt on their own.