31 July 2007, 12:16
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Citizen of Elthesh
Join Date: Sep 2003
Location: UK
Posts: 949
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"Amiga fails to deliver cash, loses naming rights to Kent arena"
Tuesday, July 31, 2007,
"The city of Kent dumped tech company Amiga as naming-rights sponsor for the city's planned hockey arena after the company failed to deliver a promised down payment Monday.
Amiga was supposed to pay $2.5 million by 5 p.m. to secure the $10 million, 20-year naming-rights deal for what would have been called The Amiga Center at Kent.
But in recent weeks, the city and company had sparred over details — such as control of advertising in the new arena — and Amiga had offered less money than initially promised, Kent officials said.
By Monday evening, the deal was off, and city officials said they would look for a new sponsor."
(Copyright © 2007 The Seattle Times Company)
Last edited by eLowar; 31 July 2007 at 12:24.
Reason: added date, changed formatting
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