The maker of the Gibson guitar is filing for bankruptcy protection after wrestling for years with debt.
The company, founded in 1894 and based in Nashville, Tennessee, has been esteemed by generations of guitar legends including Chuck Berry and BB King.
After Chuck Berry died, his beloved cherry-red Gibson guitar was bolted to the inside of his coffin lid. David Bowie favoured the 1989 Gibson L4 when he fronted Tin Machine.
Gibson sells more than 170,000 guitars a year in more than 80 countries, according to the bankruptcy filing.
A pre-negotiated reorganisation plan file…
Read the full article at: http://www.abc.net.au/news/2018-05-02/gibson-files-for-bankruptcy/9718030
