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TreasonousBastard

(43,049 posts) Tue Jun 16, 2020, 09:39 PM Jun 2020

https://patch.com/new-york/northfork/s/h5bhx/chuck-e-cheese-could-close-all-restaurants-including-4-on-li?utm_term=article-slot-2&utm_source=newsletter-daily&utm_medium=email&utm_campaign=newsletter

Apollo Global Management bought it and took it private around 2014--- that means milk it for what they can get out of it.

Well, it's milked dry and they owe a billion and bankruptcy looms. But that didn't stop them from giving out $3 million in "pre-bankruptcy bonuses".

38 replies

= new reply since forum marked as read

Highlight:

Chuck E. Cheese going belly up, and it's not about the virus... [View all] TreasonousBastard Jun 2020 OP

Well, it could've been OTHER viruses... Beartracks Jun 2020 #1

Yeah I have heard stories. Initech Jun 2020 #7

It's not. It's jungle capitalism. TreasonousBastard Jun 2020 #3

Thanks. Bookmarking... nt Blasphemer Jun 2020 #13

Also bookmarking. Thank you. betsuni Jun 2020 #17

They have moved into healthcare big. Blue_true Jun 2020 #20

The lucrative business of bankruptcy keithbvadu2 Jun 2020 #26

Decent jobs and pensions go 'poof' and rich guys become richer guys. Gidney N Cloyd Jun 2020 #35

I'll never get over how TheFarseer Jun 2020 #36

+1 Gidney N Cloyd Jun 2020 #38

they gave it the romney treatment nt msongs Jun 2020 #4

Maybe because it is the second circle of hell Bettie Jun 2020 #5

Strep? How were the kids? TreasonousBastard Jun 2020 #6

All fine, they never get it Bettie Jun 2020 #12

It is, but frazzled Jun 2020 #18

So it's getting the Borders and Toys R Us treatment then? Initech Jun 2020 #8

Chuck E. Cheese is horrible. Wolf Frankula Jun 2020 #9

It would have been gone years ago madville Jun 2020 #14

Lol, was waiting for a post like that! Nt USALiberal Jun 2020 #24

I am happy to say that I managed to avoid... 3catwoman3 Jun 2020 #15

Las Vegas for kids Archetypist Jun 2020 #16

what happens in The Ball Pit, stays in The Ball Pit. uncle ray Jun 2020 #28

Lenders never catch on to this scam ..... rickford66 Jun 2020 #19

The Romney scheme for making money eleny Jun 2020 #22

The Giant anamatronic singing mice Olafjoy Jun 2020 #23

When my kids were little SCantiGOP Jun 2020 #25

Chuck E. Cheese, designed to get kids used to casino life. Greybnk48 Jun 2020 #27

Meh Calculating Jun 2020 #29

Anything with the word cheese deserves to go out of business Awsi Dooger Jun 2020 #30

One out of three isn't that bad. TreasonousBastard Jun 2020 #31

I am with you on all 3. Wow! n/t Laelth Jun 2020 #33

blood suckers Demovictory9 Jun 2020 #32

capitalism works so well Mr Romney scarytomcat Jun 2020 #34