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New MONY Sign Brightens Broadway; New Brand Logo Calls Upon Images of Money.

NEW YORK--(BUSINESS WIRE)--Nov. 16, 1998--The MONY MONY Mutual of New York (Insurance - Syracuse, NY)  (pronounced "money") Building at 1740 Broadway at 55th Street in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 got a fresh look today. The company's new "MONY note" logo was unveiled for the first time.

The new logo, which will have a distinctive money color, now incorporates a simplified version of an image taken from actual U.S. currency. The logo will continue to highlight the word "MONY," which was first introduced in 1959. The building was made famous by the 1968 hit song "Mony Mony" by Tommy James and The Shondells Tommy James and the Shondells was a popular 1960s American rock and roll group. They had two number one singles in the U.S. - "Hanky Panky" (1966) and "Crimson and Clover" (1968) - but also released five other top ten hits, including "I Think We're Alone Now," "Mony Mony," and , which is celebrating its 30-year anniversary of its release.

The introduction of the new logo signifies the entry of The MONY Group Inc. into a publicly owned Publicly owned can refer to:
  • Public company, a company which is permitted to offer its securities (stock, bonds, etc.) for sale to the general public, typically through a stock exchange
  • Public ownership, of government-owned corporations
 business environment and a new company brand identity.

"Today marks the beginning of a new era for our company," said The MONY Group Inc. Chairman and Chief Executive Michael I. Roth. "Our new name and brand identity signal our successful demutualization Demutualization

The process of changing corporate structure from a mutual fund company to some other form, such as a limited liability or corporation.

Notes:
This means mutual/life insurance companies convert from policyholder companies to stock companies.
 and transformation to a stock company."

For over four decades, MONY's landmark facade has been enlightening amateur weather prophets while helping millions of New Yorkers arrive to work on time. The recent face-lift did not displace the celebrated weather star and clock.

The MONY Group Inc., a New York Stock Exchange-listed financial services company, provides financial protection (life insurance) and asset accumulation (annuities, mutual funds and securities) through its operating subsidiaries.

MONY Life Insurance Company, which provides life insurance and annuities, is a member of The MONY Group. MONY Life Insurance Company is a New York-domiciled stock life insurer that was founded in 1842 as The Mutual Life Insurance Company of New York. The Mutual Life Insurance Company of New York underwrote the first mutual life insurance policy in the United States in 1843.

On November 16, 1998, The Mutual Life Insurance Company of New York converted to a stock company through demutualization and was renamed MONY Life Insurance Company. MONY Securities Corporation (Member NASD NASD

See: National Association of Securities Dealers


NASD

See National Association of Securities Dealers (NASD).
, SIPC (Simply Interactive PC) An earlier umbrella term from Microsoft and Intel for a PC that works like a home appliance. For example, it has a sealed case, uses external connectors for expansion and boots in just a couple of seconds. ), which offers securities and mutual funds, is a member of The MONY Group.

Visit The MONY Group on the Internet at www.mony.com.
COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Business Wire
Geographic Code:1U2NY
Date:Nov 17, 1998
Words:352
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