Form SC 13D Dave & Buster's Entertai Filed by: KKR Credit Advisors (US) LLC

Go back to Form SC 13D Dave & Buster's Entertai Filed by: KKR Credit Advisors (US) LLC

SunTrust Says Dave & Buster's (PLAY) LBO is 'Feasible', Could Be Worth Upper $50s in Deal

January 17, 2020 1:01 PM EST

SunTrust analyst Jake Bartlett reiterated a Hold rating and $42.00 price target on Dave & Buster's (NASDAQ: PLAY), saying an LBO is 'feasible' after KKR reported a stake.

The analyst commented, "We have long viewed an LBO as a possibility for PLAY (see, our note "LBO Math... More

Stifel Wouldn't Buy Dave & Buster's (PLAY) LBO Speculation

January 17, 2020 12:11 PM EST

Stifel analyst Chris O'Cull weighed in on Dave & Buster's (NASDAQ: PLAY) KKR Special Situation Funds disclosed a 6.3% stake in the company. The analyst notes this is a separate line of business than KKR's private equity group.

O'Cull said based on a... More

KKR Shows 6.3% Active Stake in Dave & Buster's Entertainment, Inc. (PLAY)

January 17, 2020 7:36 AM EST

(Updated - January 17, 2020 7:38 AM EST)

In a 13D filing on Dave & Busters Entertainment, Inc. (NASDAQ: PLAY), hedge fund KKR disclosed a 6.3%, or 1,938,476 share, active stake in the company. Its previously disclosed stake was 810,838 shares.

From the filing:


The Reporting Persons acquired the securities reported herein for investment purposes and intend to review their investments in the Issuer on a continuing basis. Depending on various factors, including but not limited to the Issuers financial position and strategic direction, price levels of the Common Stock, conditions in the securities markets,... More