THE MINNESOTA TIMBERWOLVES AND TARGET CORPORATION TO EXTEND PARTNERSHIP

According to the Minnesota Timberwolves, “Target® Corp. (NYSE: TGT) and the Minnesota Timberwolves, along with AEG Facilities, announced that they have extended the Target Center naming rights partnership through 2014. The three-year extension allows the parties to gain a better understanding of the potential for future renovations to Target Center. Target has been the sole naming-rights holder of Target Center since the building opened in 1990.”