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...