Dave & Buster's Plans IPO
DALLAS (AP) - Dave & Buster's plans an initial public offering of approximately 5.9 million shares in its second return to the public markets.
Dallas-based Dave & Buster's Entertainment Inc. made the announcement Monday.
It's the parent company of Dave & Buster's Inc., which runs facilities that sell food and drinks and also offer video games, televisions to watch sports and other activities. It was public from 1997 until it was bought out by Wellspring Capital Partners and HBK Main Street Investors in 2006.
The chain was sold four years later to private equity firm Oak Hill Capital.
The IPO is expected to price between $16 and $18 per share.
Dave & Buster's expects to list on the Nasdaq under the "PLAY" ticker symbol.
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