It sounds like the document is set to RGB transparency blend setting (as Rob suggested)
However if the text is in a graphic, it would be your color conversion too.
If Illustrator graphics, change the blend mode there too. Double check that the text is set to the default Black.
If Photoshop graphics...
- the PDF color setting was set to Leave color Unchanged, leaving the RGB as RGB. Acrobat will show CMYK numbers regardless of the image color mode of the document/image unless you change the Simulation Profile to an RGB setting.
- RGB images were converted to a CMYK profile during PDF creation
Mixed CMYK and RGB raster images can be difficult to fix in one document without working the graphics in either Photoshop. However, you can use Acrobat Pro to convert to RGB objects to CMYK this easily using the Convert Colors panel. (Use the same CMYK profile that was used in the InDesign export.) Be sure to select Preserve Black and Promote Gray to CMYK Black. The first setting will prevent RGB black from becoming a 4-color black.