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Centerplate Deal Hits Snag

December 1, 2008

1 Min Read
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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.

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