The following bids, mergers, acquisitions and disposals were reported by 1100 GMT on Wednesday: ** Uncertainty about U.S. budget levels is limiting the prospects for increased merger and acquisition activity in the defense industry, Sean O'Keefe, chief executive of the U.S. operations of Europe's Airbus Group NV, said on Tuesday.** CEC Entertainment Inc, the parent of family restaurant and entertainment chain Chuck E. Cheese, is exploring a potential sale to private equity, according to people familiar with the matter. The Irving, Texas-based company, which has a market capitalization of around $760 million, is working with Goldman Sachs Group Inc and has been speaking with interested buyers over the last several months, the people said on Tuesday.
CEC Entertainment, Inc. is engaged in the family dining and entertainment center business. Shares of CEC fell by 0.12% or $-0.05/share to $43.34. In the past year, the shares have traded as low as $28.95 and as high as $48.30. On average, 106624 shares of CEC exchange hands on a given day and today's volume is recorded at 66067.
The Goldman Sachs Group, Inc. (Goldman Sachs) is a global investment banking, securities and investment management firm that provides a range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. Shares of GS fell by 0.6% or $-1.08/share to $178.29. In the past year, the shares have traded as low as $133.27 and as high as $181.13. On average, 2930460 shares of GS exchange hands on a given day and today's volume is recorded at 2736910.
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