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.
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