Tuesday, August 13, 2013

TD Garden bidding war

The TD Garden stadium in Boston has an interesting naming history.

When it was being named, it had two banks (Fleet and Shawmut) bidding against each other for its naming rights.  However, in secret upper management was negotiating a merger, unbeknownst to the marketing teams.  Since the banks ended up merging, they effectively bid against themselves.

http://en.wikipedia.org/wiki/TD_Garden

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