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PENGUINS NAMING RIGHTS DEAL STILL TAKING UP ENERGY IN PITT

          Pittsburgh Public Auditorium Authority officials said
     Monday that Allegheny Energy "is still a favorite to buy the
     Civic Arena's naming rights, but that could change if
     another company makes a better offer," according to Michael
     Coleman of the Pittsburgh TRIBUNE-REVIEW.  Authority execs
     said they are considering whether other companies should be
     allowed to bid on the arena's naming rights, which could be
     sold to Allegheny Energy for $5M over six years and would
     rename the arena the Allegheny Energy Dome.  Coleman reports
     that the six-year deal includes $500,000 in cash for the
     authority, a five-year extension of the Penguins' lease at
     the Civic Arena and reduced electricity costs at the arena. 
     The remaining $4.5M would be distributed to the Penguins and
     the arena management group in "undetermined portions." 
     Allegheny officials said "their offer still stands," but
     that "they won't wait forever" (TRIBUNE-REVIEW, 1/27).

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