Centerplate, Inc.'s acquisition by Kohlberg & Co. has hit a snag after National City Bank indicated it wants to renegotiate the financing it had previously agreed to. National City, which recently agreed to be acquired by PNC Bank, had previously committed to providing $175 million in financing for the deal, announced back in September.
Register to view this Article
Registering for Premium Content on Food Management will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick.