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Archive Home > 2012 > July > 25 > Penn State’s loss of key advertiser adds to penalties

Penn State’s loss of key advertiser adds to penalties

By Michael Rubinkam / The Bulletin
July 25, 2012

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, suggesting the price of the sexual abuse scandal could go well beyond the $60 million fine and....

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