Centerplate Agrees to Kohlberg Buyout

Centerplate, Inc. has agreed to a reduced merger price of $2.50 per share for the previously announced purchase of the Stamford, CT-based concessions company by the Kohlberg & Co. buyout firm. The initially agreed price of $4.00 had to be reduced due to weakness in the current credit markets. The transaction is expected to be completed in the first quarter of 2009, and is subject to the approval of Centerplate shareholders. The company provides concessions, catering and merchandise

Register to view the full article

Please register to access this content.

TAGS: Centerplate
Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.