People may soon have the same experience with the giant black skyscraper that shoves its shoulders over the skyline of Chicago.
Willis Towers Watson Plc in an almost $30 billion transaction, creating the world’s biggest insurance brokerage and adding a raft of experts on everything from climate change to cybersecurity.
CHICAGO (WLS) -- Aon, a global financial risk consultant company, is planning to buy out competitor Willis Towers Watson.
The deal, valued at about $30 billion, could potentially impact the name of Chicago's tallest building.Shedd Aquarium, Willis Tower Skydeck reopen with COVID-19 protocolsSevere storms leave damage, power outages across IllinoisEmergency lights on at Willis Tower, no word on full powerChicago tornado leaves 3-mile path of damage in Rogers ParkRide-share driver shot at red light in Brighton Park: policeComEd power outage leaves 188K across Chicago area in darkActivists worry Chicago looting could set back lasting police reform, Englewood protest called offBiden picks Kamala Harris as running mate, first Black womanCPS plans to address digital divide as students, parents prepare for e-learningChicago Weather: Sunny, warm, low humidity WednesdayIndiana reports 884 new coronavirus cases, 25 deaths TuesdayWest Side business owner reeling after looted againWoman dies after falling off boat at 59th Street Harbor in Jackson Park The Willis Tower was renamed in 2009 after the insurance broker Willis Group Holdings leased the naming rights. March 12, 2009 (CHICAGO) The name change is expected to be completed by late summer. More than 97,000 Facebook users joined the group People Against the Sears Tower Name Change, and thousands more signed the online petition It'sTheSearsTower.com. Willis is the name of the British insurance company that bought the naming rights to the Sears Tower. In 2009, London-based insurance broker, Willis Group Holdings bought some space in The Sears Tower and then got to remain the iconic Chicago building.
Aon, a global risk management company, plans to buy out it's competitor Willis Towers Watson in 2021. All rights reserved. Visit our website
As of today, it is known as Willis Tower. Copyright © 2009 NPR. But the name is not expected to change again. It will now be called the Willis Tower. I still think of it that way, even though Pan Am Airlines went out of business years ago and the old building is called something else. On July 16, 2009, the largest skyscraper in Chicago, Illinois was officially renamed Willis Tower. Hilarious, topical Sears Tower name change t-shirts. Originally, the Willis Tower was called the Sears Tower, after Sears, Roebuck & Company. Willis is the name of the British insurance company that bought the naming rights to the Sears Tower. Changing the name of Sears Tower to Willis Tower is a no-brainer, especially if you're Willis Group Holdings. The Willis Tower, formerly known as the Sears Tower, is getting acquired reportedly for $1.3 billion. Public relations experts say it could take decades. Willis is a global insurance broker that is the biggest tenant to move into the Sears Tower since 9/11. This is not what Willis was talkin' bout anti-Willis Tower name shirts, gifts and souvenirs for Chicago residents and tourists. Funny Chicagoland shirts. It got the naming rights as part of an agreement to lease 140,000 square feet of space.You know, when I'm in Manhattan and notice the skyscraper that looms over Grand Central terminal, a thought goes through my mind - that's the Pan Am building.
The company's CEO concedes it could take some time to win over Chicagoans to the new name. Willis executives shouldn't have been surprised by Chicagoans' strong sense of tradition. The 110-story skyscraper in Chicago has been known as the Sears Tower since it opened in 1973. Willis Group Holdings became a major tenant of the building in March, 2009. That’s right, a foreign company got to change The Sears Tower’s name to Willis… Well, we may be seeing that building get another name-change. So it's in their honor that our last word in business today is Sears. The name change will stand for the duration of their ten year lease. However, many locals still refer to the landmark skyscraper as the Sears Tower.
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