Gibson Brands Files for Bankruptcy
Gibson Brands, the parent company of Integra, TEAC/TASCAM and others, announced it filed for Chapter 11 bankruptcy protection on May 1, 2018.
Archive of posts tagged Gibson Brands
Philips Wants Funai to Cough Up $235M
Funai Electric announced that Philips is seeking €171.8M (US $235.4 million) in compensation for its failed attempt to sell its audio, video, multimedia and accessories business to Funai.
Philips to Sell WOOX Innovations AV Business to Gibson
After bailing out of the last deal with Funai Electric, Royal Philips announced that it will sell its audio, video, multimedia, and accessories business (WOOX Innovations) to Gibson Brands for $135 million, as well as enter into multi-year license agreement.