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Venues & Destinations
Cobo Center Awards Venue Naming Rights to Chemical Bank
2/21/2019
Chemical Bank being awarded the naming rights of Cobo Center comes at an exciting time for the company, recently announcing its merger with TCF Bank, after regulatory approval, and that it will build its new 20-story headquarters in downtown Detroit. “This unprecedented naming rights agreement is a great win for all parties. Chemical Bank makes a strong statement of commitment to the region and secured naming rights to a convention center that is growing in notoriety every day," said Claude Molinari, general manager of Cobo Center. Here are the highlights:
The merger is expected to close in the late third or early fourth quarter of 2019, subject to satisfaction of customary closing conditions, including receipt of customary regulatory approvals and approval by the shareholders of each company. “Our announcement today gives us all an important message: that public-private partnerships work, and that we continue to dedicate ourselves to serving the customers of this great Center and to the rebuilding of a truly great American city,” said Larry Alexander, Chairman of the DRCFA and President and CEO of the Detroit Metro Convention & Visitors Bureau. “There could not be a better partner than Chemical Bank." For more information go to www.cobocenter.com. Contact: sales@cobocenter.com |
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