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Levy Corp in talks to acquire Del Taco

Levy Acquisition Corp is in negotiations to acquire Del Taco Inc, a U.S. fast food chain that serves Mexican cuisine.

February 19, 2015

Levy Acquisition Corp is in negotiations to acquire Del Taco Inc, a U.S. QSR that serves Mexican cuisine, according to Reuters.

The deal could value Del Taco at as much as $500 million, including debt, the article said. Levy needs to secure financing for the deal and no decision has been reached as of yet.

Sources for the information asked not to be identified because the matter is confidential, Reuters said. Del Taco and Levy Acquisition representatives did not respond to the news outlet's requests for comment.

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