BancorpSouth Center Renamed BancorpSouth Arena; BancorpSouth Conference Center Opens
December 02 2006 - 9:20AM
PR Newswire (US)
TUPELO, Miss., Dec. 2 /PRNewswire-FirstCall/ -- Tupelo,
Mississippi, Coliseum Commission (TCC) officials announced
yesterday the renaming of the BancorpSouth Center to the
BancorpSouth Arena. Together with the city of Tupelo's
Redevelopment Authority (TRA), Master Hospitality, and BancorpSouth
Bank, TCC also announced the opening of the new BancorpSouth
Conference Center. The BancorpSouth Arena is a 10,000 seat,
multiuse facility operated by TCC at 375 E. Main Street, in Tupelo,
Miss. The BancorpSouth Conference Center is a new 10,000
square-foot event venue offering a range of configurations to
accommodate a variety of corporate and social events. It is leased
and operated by Master Hospitality of Memphis, Tenn. The new
conference center is located at 387 East Main Street and is
adjacent to the new Hilton Garden Inn, which recently opened in the
city's Fairpark District. BancorpSouth Bank is a subsidiary of
BancorpSouth, Inc. (NYSE:BXS), a financial holding company
operating in seven southeastern states with headquarters in Tupelo,
Mississippi. BancorpSouth entered into a naming rights agreement in
1999 with TCC whereby BancorpSouth retained the naming rights to
the coliseum and the future conference center for a specified
period and in consideration of a financial investment over the term
of the agreement. TCC Chairman Len Pegues said, "The TCC has been
able to achieve much through our relationship with BancorpSouth and
are very enthusiastic about our continuing agreement with the
renaming of the BancorpSouth Arena. The addition of the new
state-of-the-art facility, BancorpSouth Conference Center shows the
synergy that will be provided by all working together. We would
like to offer a sincere thank-you to Aubrey Patterson and Tom
Ricketts for making this possible." Aubrey Patterson, BancorpSouth
chairman and CEO, said, "BancorpSouth is pleased to have served as
the corporate naming sponsor since 1999 providing an additional
financial investment to help support this fine facility and its
service to Tupelo and the surrounding area. We are especially
pleased to continue our partnership as the BancorpSouth Center now
becomes the BancorpSouth Arena and this beautiful new conference
center opens as the BancorpSouth Conference Center." Tom Ricketts,
president of Master Hospitality and owner of the new Hilton Garden
Inn which will operate the conference center added, "BancorpSouth
has a long tradition of service to the community, and this
conference center is a natural extension of their commitment to the
region. We are honored to have been selected as the cornerstone for
downtown re-development. The opening of the two new buildings can
only be good for Tupelo as we work to attract new meetings,
conferences and tourists to Tupelo. Clearly, the future is bright
as we watch the continued growth of the Fairpark District." "We
appreciate the support of BancorpSouth and Master Hospitality in
bringing our new Conference Center into being. This is a great day
in the city of Tupelo. The Fairpark District is growing
dramatically and anchors the entire downtown," said Tupelo Mayor Ed
Neely. The BancorpSouth Arena also has a new Web site address with
an exciting new look which coincides with the renaming. It is
http://www.bcsarena.com/ DATASOURCE: BancorpSouth, Inc. CONTACT:
Kevan Kirkpatrick, +1-662-841-6573 Web site:
http://www.bancorpsouth.com/ http://www.bcsarena.com/
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