Gibson Guitars files Chapter 11 Bankruptcy Protection

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KenB123
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2018/05/01 13:57:32 (permalink)

Gibson Guitars files Chapter 11 Bankruptcy Protection

Well, we kind of expected it...
 
https://www.usatoday.com/...satoday-newstopstories

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    Mesh
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    Re: Gibson Guitars files Chapter 11 Bankruptcy Protection 2018/05/01 14:05:49 (permalink)
    Whew!
    I was worried about that.

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    Starise
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    Re: Gibson Guitars files Chapter 11 Bankruptcy Protection 2018/05/01 14:34:04 (permalink)
    I wish them well but it doesn't look good.

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    bitman
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    Re: Gibson Guitars files Chapter 11 Bankruptcy Protection 2018/05/01 14:44:29 (permalink)
    I see they also make Baldwin pianos.
    Glad I don't.

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    tlw
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    Re: Gibson Guitars files Chapter 11 Bankruptcy Protection 2018/05/01 20:38:10 (permalink)
    It seems Henry J has finally admitted that his latest (and other) consumer audio electronics acquisitions weren’t exactly money spinners. Philips could have told him that - it’s why they sold their failed cheap headphones division so cheaply to Gibson in the first place.

    Gibson’s senior management has a world-class reverse Midas touch. And they’re being sued for $50,000,000 for breach of contract by the originators of their robot tuning system.....

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    michaelhanson
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    Re: Gibson Guitars files Chapter 11 Bankruptcy Protection 2018/05/02 03:14:26 (permalink)
    Maybe Joe Bonamassa will buy Gibson, he already owns half of them.

    Mike

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    batsbrew
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    Re: Gibson Guitars files Chapter 11 Bankruptcy Protection 2018/05/04 19:25:05 (permalink)
    it's fake news
     

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