Learfield IMG College, the multimedia business that owns broadcast rights for many of the country’s leading collegiate sports programs, is preparing for a possible financial restructuring as the coronavirus pandemic curtails athletics nationwide, according to people familiar with the matter.
The company has tapped law firm King & Spalding LLP for advice on renegotiating its obligations, these people said. Backed by entertainment giant Endeavor Group Holdings Inc. and investment firm Atairos Group Inc., Learfield relies…
