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Article: Wells Fargo Reacquires Name Rights From Borg-Warner; Midwest Security Company Will Phase Out Use of the Wells Fargo Name by 2001.
- Article from:
- Business Wire
- Article date:
- May 4, 1999
CopyrightCOPYRIGHT 1999 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SAN FRANCISCO--(BUSINESS WIRE)--May 4, 1999--
Wells Fargo & Company has signed an agreement to reacquire remaining rights to its trademark, service mark and tradename held by Borg-Warner Security Corporation. Borg-Warner has used the Wells Fargo name in three of its businesses. It has agreed to end a license contract it has held with Wells Fargo since 1979, and stop using the name by March 31, 2001.
"This agreement reunifies the trademark rights to our founding name -- a name customers have associated for almost 150 years with speed, convenience, security, trust and dependability," said Cindy Gray, Executive Vice President of Corporate Marketing for ...