Description: Gibson, an iconic American guitar manufacturer, has filed for bankruptcy. The company has at least $100 million of debt, and perhaps as much as $500 million, according to paperwork filed in Delaware on Tuesday.
Date: May 01, 2018
Questions for discussion:
- What is Gibson’s financial situation?
- How can it restructure financially in order to emerge and rebuid its business?
- Why do you think the company failed?
- What would you advise management do with its brand?