The Kept-Up Academic Librarian: Corporate Sponsors May Be Abandoning Penn State

July 26, 2012

Corporate Sponsors May Be Abandoning Penn State

State Farm is pulling its ads from Penn State football broadcasts, while General Motors is reconsidering its sponsorship deal and Wall Street is threatening to downgrade the school's credit rating. State Farm had no immediate information on how much money is at stake. With Penn State's once-sterling reputation in tatters, the university could face an exodus of sponsors unwilling to have their brands linked to scandal. Read more at:
http://www.boston.com/news/education/articles/2012/07/24/ncaa_slams_penn_state_fines_it_60_million/

Jul 26, 2012 1:30:00 AM | C&U News, Current Affairs

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