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FirstEnergy (FE +0.9%) enters into a naming rights agreement on the Cleveland Browns' stadium....

FirstEnergy (FE +0.9%) enters into a naming rights agreement on the Cleveland Browns' stadium. Terms were undisclosed; similar deals involving NFL teams are ~$5M-$7M. Shares are positive, despite the stadium name curse which has sometimes been symbolic of a company's risky behavior or a squandering of their assets.
Comments (1)
  • Let's just hope there are no 'brown outs' during the football season.
    15 Jan 2013, 03:54 PM Reply Like
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