PITTSBURGH - Not long after Mellon CEO Robert Kelly was unable to stand firm in negotiations with Bank of New York to keep Mellon’s headquarters in Pittsburgh , the merger created some stiff competition for ownership of One Mellon Center. Mellon unleashed a press release earlier today revealing that pharmaceutical giant Pfizer, the manufacturer of the popular drug Viagra™ , had struck a deal to purchase the former Mellon headquarters. Pfizer will rename the building Viagra Tower as part of the move.
Pfizer outbid locally based sporting goods chain Dicks’ Sporting Goods, which had also been courting Mellon to purchase the building. Mellon spokeswoman Chastity Towers said that negotiations fell flat when Dicks’ was apparently unable to raise the stakes quickly enough to match with Pfizer’s mammoth offer.