Lenders, including KKR & Co, will lead the guitar giant out of bankruptcy.
Future owners also tip an imminent Chapter 11 bankruptcy exit for Gibson.
Henry Juszkiewicz’s tenure as the Gibson boss may soon come to an end as a job ad for a new CEO surfaces online.
Reorganization plans include a fresh injection of $135 million, a change in ownership, and the offloading of unprofitable assets.
Remember Gibson’s robot tuner system? Well, its licensor, Tronical, is taking Gibson to court over licensing fees and a “breach of contract.”
Disagreements over the terms of a new deal between Gibson and the private equity firm have surfaced, hindering future plans for the debt-saddled music giant.
Legendary amp designer Steve Grindrod has opened up a pledge campaign to the public for a stake in his company. Grindrod is offering 20...