So the big story today here in the Burgh: Mellon Financial Corp. (remember it quit being Mellon Bank a while back) is being bought by The Bank of New York for a cool 16 billion. What they are saying this means for Pittsburgh:
1. We’re losing another headquarters (Alcoa technically moved theirs to NYC this year).
2. Jobs will be lost and then gained, hopefully.
3. The merged name is “The Bank of New York Mellon Corporation”. Boy doesn’t that just roll off of your tongue? Can’t wait to see the logo.
4. Lukey said:
“Early indications are that perhaps this is a good thing for the region,” said Mr. Ravenstahl.
My biggest question is, what’s the new name for the Mellon Arena?
I REALLY REALLY hope it is The Bank of New York Mellon Corporation Arena, just so I can hear Paul Steigerwald say that 12 times every game. Awesome.