Gibson guitar manufacturer files for bankruptcy
The maker of the Gibson guitar, omnipresent for decades on the American music stage, is filing for bankruptcy protection after wrestling for years with debt. A pre-negotiated reorganisation plan filed on Tuesday will allow Gibson Brands Inc. to continue operations with $135 million (£100m) in financing from lenders. Gibson guitars have been esteemed by generations of guitar legends. After Read more about Gibson guitar manufacturer files for bankruptcy[…]