PROVIDENCE, R.I. — Rhode Island officials are holding an emergency meeting that could determine the fate of former Red Sox pitcher Curt Schilling's video game company.
The Economic Development Corp. board voted Wednesday to go into executive session to receive what it called highly confidential information on the finances of 38 Studios. Schilling is briefing Gov. Lincoln Chafee and the rest of the board.
The board says it will report back in public session any action it takes.
Concerns about 38 Studios' financial health arose when it failed to make a scheduled May 1 payment to the Economic Development Corp.
The business was lured from Massachusetts in 2010 after Rhode Island offered a $75 million loan guarantee that state officials said would help bring hundreds of jobs and millions in tax revenue.