Carlyle’s Acosta Said to Weigh Giving Control to Creditors (1)

Acosta Inc., the marketing company owned by Carlyle Group LP, is closing in on a deal that would trim its nearly $3 billion of debt and cede control to creditors including Neuberger Berman Group LLC and Eaton Vance Corp., according to people with knowledge of the situation.

The privately held company and its stakeholders are discussing a plan that’s likely to lead to a Chapter 11 bankruptcy filing in the coming weeks, the people said, asking not to be identified discussing a confidential matter.

The goal is to line up consent from enough creditors for a pre-packaged ...