Charlotte’s golf tournament drops Wachovia name

from charlotteobserver.com:

The Wachovia Championship has been replaced by the Quail Hollow Championship.

The annual PGA Tour stop in Charlotte – scheduled April 27-May 3 this year – has been renamed for the course where it is played, another result of the on-going financial crisis.

The official announcement wss expected at noon today.

Tournament officials said Wells Fargo, which acquired Wachovia last year, will honor the financial terms of the tournament contract, which runs through 2014.

The main difference for players and spectators will be the name. The re-branding of the event has begun and, other than tickets and a few other printed materials, everything from clothing to signage will sport the new logo and name when the PGA Tour arrives in two months.