Carrboro Police Department said the stabbing happened around 9 p.m. at Town Commons at 301 W. Main St.
The victim, an adult man whose identity has not been released, was rushed to UNC Hospital but did not survive.
Police told ABC11 on Thursday that the suspect and the victim knew each other and there was an altercation.
No one is in custody, police said. The investigation remains ongoing.
Anyone with additional information on this incident is asked to please contact Investigator Erasmo Velazquez with the Carrboro Police Department at (919) 918-7413, or Crime Stoppers at (919) 942-7515.
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