Complex sentence: The facility will be renamed Cross Insurance Arena despite the fact that Cross Insurance also holds the naming rights to Bangor's Cross Insurance Center, 130 miles away, though both parties to the deal state that there should be no confusion between the two facilities.
Split into simpler sentences: The facility will be renamed Cross Insurance Arena despite the fact that Cross Insurance also holds the naming rights to Bangor's Cross Insurance Center, 130 miles away. Both parties to the deal state that there should be no confusion between the two facilities.