ICYMI: The bank will remain in Jacksonville but will get a new name that will be announced when the deal is done, the company said. That means the TIAA Bank Field name will have to change again when the bank’s new name is revealed.
– TIAA on Wednesday announced it is selling its Jacksonville-based bank to a group of investment funds, News4JAX news partnerThe bank will remain in Jacksonville but will get a new name that will be announced when the deal is done, the company said. That means the TIAA Bank Field name will have to change again when the bank’s new name is revealed, but that won’t happen during the 2022 football season.
TIAA took over the naming rights of Jacksonville’s football stadium when it acquired EverBank. The Jacksonville Jaguars’ home became EverBank Field in 2010 when the bank acquired the naming rights, and it agreed to a 10-year extension of the naming rights deal in 2014 that remains in effect. From 1997 until 2006, the stadium was named Alltel after the now-defunct communications company purchased the naming rights. The stadium opened in 1995 as Jacksonville Municipal Stadium on the site of the old Gator Bowl Stadium.
The transaction is expected to close in 2023 after final regulatory approvals and the satisfaction of other closing conditions,TIAA’s bank has been headquartered in Jacksonville since it acquired EverBank Financial Corp. in 2018. It merged EverBank with TIAA’s smaller bank subsidiary.The terms of the deal were not disclosed.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Jacksonville-based TIAA Bank being sold to new investors, will be re-namedTIAA Bank is being sold to new investors, parent company TIAA announced Thursday.
Baca lebih lajut »
Beacon Roofing Supply buys Jacksonville waterproofing supplier - Jacksonville Business JournalRead about a Jacksonville-based waterproofing supply company's acquisition by a publicly traded roofing supply company.
Baca lebih lajut »
Jacksonville company picks up 172,400 acres of land across the South - Jacksonville Business JournalThe purchase was announced as Rayonier unveiled its third-quarter earnings.
Baca lebih lajut »
JEA headquarters has new owner, but the Jacksonville utility expects no changes - Jacksonville Business JournalRyan Companies, which developed the building, recently sold it to a real estate firm.
Baca lebih lajut »
JEA headquarters has new owner, but the Jacksonville utility expects no changes - Jacksonville Business JournalRyan Companies, which developed the building, recently sold it to a real estate firm.
Baca lebih lajut »