Heard the “Yamaha buying Gibson” rumour? Here’s why that would make sense.

Published on : Published by : Jef

We’ve been reporting on the rumours swirling around Gibson Brands Inc. and its lamentable financial situation for a while now. And when a famous brand with great heritage is in trouble, others smell opportunity. New rumours have it that a consortium from China has expressed interest in acquiring the brand. But there are rumours about […]

Gibson creditors want new CEO before offering a rescue deal – Bloomberg

Published on : Published by : Jef

Bloomberg has reported that a group of Gibson’s creditors want a new CEO installed before they offer a rescue deal to the floundering American guitar giant. Rescue Deal Financially, it’s been a horrendous couple of years for Gibson USA. The once-great American guitar maker is in serious trouble. Now Bloomberg has reported that a group of bondholders […]