Apollo Global Management LLC, which acquired Chuck E. Cheese last month, is weighing a bid for another chain that mixes food and entertainment, Dave & Buster’s Inc., two people with knowledge of the matter said.
Dave & Buster’s owner Oak Hill Capital Partners is seeking about $1 billion for the company, which posted sales of $608 million in its most recent fiscal year, said the people, who asked not to be identified because the information is private. Jefferies Group LLC and Goldman Sachs Group Inc. are running the auction, one person said.
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