MFOHome About Commentary Discussions Funds The Best Resources Support Us!

Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Sign In Register

Categories

In this Discussion

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

Legendary U.S. Guitar-Maker Gibson Files For Bankruptcy

TedTed
in Off-Topic
FYI: Gibson Brands Inc, the maker of guitars played by the likes of B.B. King and Elvis Presley, filed for Chapter 11 bankruptcy protection on Tuesday with a plan to reorganize its musical instrument business under the new ownership of its lenders.
Regards,
Ted
https://www.reuters.com/article/us-gibson-brands-bankruptcy/legendary-u-s-guitar-maker-gibson-files-for-bankruptcy-idUSKBN1I23VR

Video:

Comments

  • [Deleted User]
    The user and all related content has been deleted.
  • catch22catch22
    Now sing along......."I've a guitar, in Kalamazoo."

    http://www.mlive.com/news/kalamazoo/index.ssf/2015/03/when_the_gibson_guitar_co_left.html

    'Course, I don't know the details; but when "private equity" grabs a hold of these type of companies; seems they just throw money at them. They surely don't know much about the company and I'm sure they never ask the employees what might work better.
    And sometimes, tis time has run its course.
  • TedTed
    edited May 2018
    @MFO Members: Three Best Guitar Solo's Of All Times - Mark Knopfler
    Regards,
    Ted




  • beebee
    Let's hope Gibson follows a similar path of another great guitar company, Ovation, which is alive and well in Connecticut again.



  • Sven
    Thanks Ted. It bring back fond memory of amazing guitar of Mark Knopfler. Don't see the same level of performance today.
Sign In or Register to comment.