Willis to Keep Name on Chicago Tower
Insurance broker Willis Group Holdings Plc plans to keep its name on the Chicago tower that is being sold to Blackstone Group LP.
The broker “is involved in a long-term contract for its naming rights for Willis Tower,” Colleen McCarthy, a spokeswoman for the London-based company said on March 17 in an e- mail. “The building’s naming rights are unconnected to the transaction announced yesterday.”
The 1,450-foot (442-meter) building, formerly known as the Sears Tower, is the second-tallest in the U.S., and was the world’s highest from its completion in the early 1970s until 1998, according to the Council on Tall Buildings and Urban Habitat.
Popular Today
- Swiss Re to Withdraw From Digital Insurer iptiQ, Reports Strong Q1 Net Income of $1.1B
- High Court: E-Scooter Rider Hit by Car Not Eligible for No-Fault PIP Benefits
- Auto Insurance Shopping ‘Hot,’ Consumers Switching ‘Sizzling’: LexisNexis
- Greater Chance of Major Hurricane on East Coast This Year, Less in Gulf, Scientist Says