Gibson Guitars files for Bankruptcy | Forum

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Maklarr4000
Maklarr4000 May 1 '18
Some sad news from the music industry, as Gibson Brands, the parent company and trademark holder for the vast array of iconic Gibson guitars and other musical equipment (ranging from drum kits to power amps) has filed for Chapter 11 Bankruptcy protection.

Thankfully, this is not the end for Gibson just yet. The bankruptcy plan is designed to give the vastly in-debt company some new incentives to it's lenders to keep the lights on, and to hopefully spin some of it's brands off in a bid to dig it's way out of debt and back to profitability.

Story is HERE for those interested to know more!


The Forum post is edited by Maklarr4000 May 1 '18
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