Painting the Gibson Bankruptcy by the Numbers

We have been closely following – first Gibson Guitar and then Gibson Brands – from their decision in 2012 to shoot for the stars by using OPM (other people’s money) to make highly leveraged…and highly questionable…acquisitions of various consumer electronics … Continue reading

Best Buy Rebranding Reverses Historic Course

Best Buy has launched a corporate rebranding that is both sweeping in style and represents a shocking reversal of course, undoing much of its original mission that was created when founder Dick Schulze, President Brad Anderson and crew launched an … Continue reading

Leon Acquires Terra Speakers, Expanding Assortment

Leon Speakers announced this week that it has acquired Terra Speakers in a transaction that is said to offer Leon a greatly expanded portfolio of high performance products targeted for the outdoor and commercial segments. The company says this acquisition … Continue reading

Docs Show Gibson Bankruptcy Bigger Than You Think

Founded in 1894, it is a mark of their long-term brand success that Gibson has become such a large and far-flung international organization. In a cursory review of documents submitted to the court as part of their bankruptcy filing shows, … Continue reading

Gibson Brands Files for Bankruptcy

BREAKING NEWS Filing Pre-Negotiated with Bondholders, CEO & Pres Stay thru Transition Gibson Brands Inc. announced today that it has filed for bankruptcy under Chapter 11 of the U.S. Bankruptcy Code. Chapter 11 denotes the company plans a reorganization and … Continue reading

Should the U.S. Government Regulate Tech?

When it comes to politics in today’s world, it is an understatement to suggest that we live in divided times. Although our founding fathers imagined passionate (but healthy) debate leading to the best possible compromise solutions – today, it seems … Continue reading

Options Narrowing as Gibson & KKR Talks Fail

We learned last week that talks between Gibson Brands and deal making king KKR Credit Advisors fell apart in a dispute over “the appropriate consideration for the various parties involved,” according to a statement from Gibson Brands. As yet another … Continue reading