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May 2, 2018 11:28 am -04

Gibson files for bankruptcy to ditch electronics, focus on guitars

Yesterday Gibson Brands filed for Chapter 11 bankruptcy protection. Known for its famous guitars, the company is in a similar situation to Toys 'R' Us, owing as much as $500 million to creditors including private equity firms like Kohlberg Kravis Rob...

Original Link: https://www.engadget.com/2018/05/02/gibson-guitars-bankruptcy/

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Engadget

Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WI

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