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October 19, 2006

Inland bank buys arena naming rights

Ontario-based Citizens Business Bank has agreed to pay for naming rights on an 11,000-seat arena planned in the city of Ontario, according to an announcement this afternoon.

Citizens Business Bank Arena is expected to host minor-league sports and concerts as part of the 89-acre Piemonte project.

AEG, a subsidiary of The Anshutz Corp., will operate the city-owned arena.

Terms of the 10-year multi-million-dollar agreement were not released.

--Devona Wells
dwells@PE.com

Posted by PE.com at October 19, 2006 02:17 PM

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