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.....