Daily Record Financial News &
Tuesday, August 9, 2016
Vol. 103, No. 192 • One Section
35¢ www.jaxdailyrecord.com
By Mark Basch Contributing Writer EverBank has become a significant name on Jacksonville’s skyline, adorning the company’s Northbank headquarters on Riverside Avenue, a 30-story Downtown office building and, of course, the Jacksonville Jaguars’ football stadium. One of the key details to be worked out in the coming months, as TIAA completes its buyout of EverBank Financial Corp., is whether or not that
name will remain. TIAA, a diversified financial services company, announced Monday morning a $2.5 billion agreement to acquire EverBank, two weeks after word leaked out that EverBank was in negotiations for a buyout. As part of the deal, TIAA’s bank will merge into EverBank, and the bank will continue to be headquartered in Jacksonville. However, the two companies have not yet decided on the name for the merged bank. Without a name, it is impos-
sible to say if the Jaguars’ stadium will continue to be known as EverBank Field. The Jaguars said Monday the team had not been contacted by EverBank prior to the buyout agreement. “We have not had any discussions on this subject and will need to learn more regarding their future branding plans before we will be in a position to comment,” the Jaguars said in an emailed statement. The team signed a five-year, EverBank
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Special to the Daily Record
Future uncertain for EverBank brand Name could change on signature buildings
Jacksonville Municipal Stadium may get new signage after EverBank is purchased by TIAA.
Looking to distance themselves State attorney candidates promote self, demote others
Photo by Karen Brune Mathis
By David Chapman Staff Writer
DB works – and plays – at new office
Global financial services company Deutsche Bank relocated 1,000 Jacksonville jobs to 5201 Gate Parkway, a three-story building near its main campus. In addition to a major investment in offices, technology, furnishings and equipment, the company added some fun to the cafeteria area with a pingpong table and a mural by Jacksonville artist Tony Rodrigues. For more about the move, see Page A-4.
By Karen Brune Mathis Managing Editor Bed Bath & Beyond intends to open one of its andThat! stores, plus an annex for it, by mid-winter along Southside Boulevard in Timberlin Village, where it already operates one of its namesake stores and a buybuy Baby. Spokeswoman Leah Drill said Monday the new store will offer customers an “ever-changing assortment of merchandise” that includes food, seasonal items, home décor, beer and wine, fashion, brand-name closeouts, exclusive products and other items. AndThat! is a subsidiary of
Public
Christmas Tree Shops, part of Bed Bath & Beyond. It sells its merchandise at discounted prices. Drill said the company always looks for new locations and is excited to come to Jacksonville. It will open between PetSmart and buybuy Baby in the former OfficeMax. The smaller annex, which appears to be set up for pre-sales and receiving, is slated for a separate vacant building at the southern end of the shopping center. Drill said the annex will serve as additional space for the andThat! store. Mathis continued on Page A-2
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Photo from Bed Bath & Beyond
Bed Bath & Beyond bringing andThat! store
An andThat! store opened in Kennesaw, Ga.
Published
As the days roll on toward the Aug. 30 primary, the barbs become sharper for candidates vying for the Office of the State Attorney. Take for example the start of closing comments Monday in what was a spirited forum among Republicans Angela Corey, Melissa Nelson and Wes White. Corey was asked to start, yet said as the incumbent to the office, she’d like to speak last at the event. “Another example that the rules don’t apply to her,” Nelson said quickly, before using her few minutes to promote her candidacy by comparing her motives with those of her opponents. White was looking for a job, she said. Corey was seeking to retain power that had helped her “grow rich” by way of taxpayers. But as is the way for most rancorous political races, it went both ways. Corey during the event lashed out at Nelson for violating her oath of office “in every one of these forums” by purposefully misrepresenting her. White was critical of Nelson for jumping into the race and finding her voice only when “someone stroked a check” to back her. Nelson said Corey had shown “failed leadership” in part by boosting her pension plan in recent years with $250,000 that could have been spent hiring other investigators. But Corey said that wasn’t true — she was one of 20 people in her office that had a pension deficit shored up “to the penny” using those funds. The advertisement mischaracterizing the situation is “reprehensible,” Corey said, but Nelson said she stands behind it. As for ads, Nelson was the subject of one, too. She accused both Corey and White of conspiring and working together on a campaign ad that is “outrageously false” against her after an independent poll showed she had a lead. “That’s a lie,” interjected White. “That’s a lie.” Attorney
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consecutive weekdays