KKR Withdraws IMG Bid Bornstein, Shapiro Advising Competing Bids For IMG CAA Out Of Hunt For IMG Second Round Of Bids For IMG Were Due Thursday IMG Media Details N.Y. Marathon Plans IMG Academy Profiled By NBC WPP Will Not Bid On IMG IMG Bidders Down To 10 First Round Of IMG Bids Due Next Week CVC Capital Plans Joint IMG Bid
SBD/24/Sponsorships Advertising Marketing
AMERITECH DROPS SPONSORSHIP OF CHICAGO WTA EVENT
Published November 24, 1997
Ameritech on Friday dropped its sponsorship of the WTA Tour's Chicago event, according to Len Ziehm of the CHICAGO SUN-TIMES. Ameritech informed tournament owner IMG that it would not renew its three-year agreement to sponsor the tournament known most recently as the Ameritech Cup. Though a new sponsorship agreement was not announced, IMG Senior VP/Tournament Manager Gary Swain said the tournament "will continue on an annual basis." Swain: "Everything is going to be fine. We will sign a new sponsor. Several companies are very interested" (CHICAGO SUN-TIMES, 11/22).