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Why Did Famed Gibson Guitars Go Bankrupt? by Artsjournal

Faced with the prospect of paying off $500 million in debt"while tech giants like Apple, Google, and Amazon enter the speaker market"Gibson was forced to file for Chapter 11. Luckily, this doesn't mean rockers won't be able to replace the Gibson Les Pauls they smash on stage. The company reached a deal with its debtors […]

SOURCE: www.fastcompany.com at 05:36PM on May 1, 2018

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