WLNS.com
Chuck E. Cheese’s parent company, CEC Entertainment, has announced it is filing for Chapter 11 bankruptcy protection, citing the “financial strain” of mass restaurant closures due to the coronavirus pandemic. “The Chapter 11 process will allow us to strengthen our financial structure as we recover from what has undoubtedly been the most challenging event in our company’s history," David McKillips, the chief executive of CEC, said in the statement.