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Gibson faces crushing debt that's due this summer

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boscy
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Joined: April 2017
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Gibson faces crushing debt that's due this summer Mar 21, 2018 15:17:46 GMT -5

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Post by boscy on Mar 21, 2018 15:17:46 GMT -5

Beloved guitar maker Gibson faces crushing debt that's due this summer

After 116 years, the devil's knocking on the guitar company's door. Debt of as much as $560 million is due this summer, and investors are whispering that Chief Executive Henry Juszkiewicz has got to go.

Gibson, Iconic Guitar Company, Said to Be Nearing Bankruptcy

Gibson Brands Inc., one of the two most iconic guitar companies in music history, is facing bankruptcy after years of challenges, according to a report in the Nashville Post and other sources.

In case they go, there is this brand which has former Gibson employees

Heritage Guitars

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