Gibson Guitars May Suffer a Major Setback in Bid to Exit Bankruptcy

According to the US Trustee’s office, Gibson Guitars shouldn’t consolidate its Chapter 11 cases into a single entity. Last March, Gibson Guitar did what many thought impossible. Saddled with over $1 billion in debt and sinking financials, the iconic 116-year-old company filed for bankruptcy.  Moody’s and Standards & Poors had previously raised alarms about the […]

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