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Gibson files for reorganization

Discussion in 'Collector's Corner' started by DeeInKY, May 1, 2018.

  1. Bobberman

    Bobberman Well-Known Member

    These are sad times especially now even the instrument makers are being affected it seems no industry is safe from debt and adversity
     
    DeeInKY likes this.
  2. DeeInKY

    DeeInKY Well-Known Member Thread Starter

    ...And electronic crapola. I don't mind electronically generated music at times (I have a piano app for learning), but there is a time and place for the real instruments. :uhhuh:
     
    Bobberman likes this.
  3. Bobberman

    Bobberman Well-Known Member

    Right you are Dee
     
    DeeInKY likes this.
  4. "Video Killed The Radio Star"
     
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  5. Rudy

    Rudy ᕦ(ò_óˇ)ᕤ Site Admin

    US
    Gibson had it coming--they bought up numerous other companies they couldn't afford. They could have remained profitable had they stuck to their bread and butter. Seems this happens to quite a few companies. Even K-Mart--remember when they owned Sports Authority, Builder's Square, Border's Books, and others? They ended up selling those off, and now they are only left with a handful of run down, dumpy stores.
     
  6. DeeInKY

    DeeInKY Well-Known Member Thread Starter

    Seems to be what they want to get back to -- their reorganization plan is to sell the electronics stuff and stick with guitars.
     
    Bobberman and Rudy like this.

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