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R.I. races to save Curt Schilling’s company

Default feared in $75m loan deal

By Hiawatha Bray

 |  Globe Staff  

  May 16, 2012

Curt Schilling’s video game company was the one that got away - and as it turns out, maybe that is OK. The former Red Sox pitcher moved his company 38 Studios LLC from Maynard to Providence last year after Rhode Island officials offered him $75 million in loan guarantees. Now Schilling’s company appears to be in financial trouble, and officials are scrambling. The state called an emergency meeting Wednesday to “to protect the public regarding the 38 Studios, LLC financing.’’

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