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- 1Last-minute push to extract more from Chicago's $2.53B parking meter deal●Inside the last-minute push to squeeze more from Stonepeak’s $2.53B parking meter deal
Crain's Chicago Business reports on a last-minute effort to squeeze more value from Stonepeak's $2.53 billion deal related to Chicago's parking meters, a system famously leased out under a long-term 2008 agreement. The report details negotiations and maneuvering around terms of the arrangement, which has long been criticized as one of the city's most unfavorable financial deals.