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HCA Gibson, Fender, vintage
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Gibson boss dismisses takeover rumours
2nd Oct 2009 11:31
Electric guitar manufacturer Gibson has dismissed speculation that it is to be taken over by Peavey.
Henry Juszkiewicz, chairman of the company, said it is continuing to make a profit and has increased its market share during the last few months.
He has therefore moved to reject the "persistent rumours" of a possible takeover from rival electric guitar firm Peavey.
Speaking to Mi Pro, he said they originate from an individual source and are "simply not true".
"Gibson is doing very well - we are really feeling good," he insisted.
"While we were affected by the economic downturn, we continue to be profitable."
2nd Oct 2009 11:31
Electric guitar manufacturer Gibson has dismissed speculation that it is to be taken over by Peavey.
Henry Juszkiewicz, chairman of the company, said it is continuing to make a profit and has increased its market share during the last few months.
He has therefore moved to reject the "persistent rumours" of a possible takeover from rival electric guitar firm Peavey.
Speaking to Mi Pro, he said they originate from an individual source and are "simply not true".
"Gibson is doing very well - we are really feeling good," he insisted.
"While we were affected by the economic downturn, we continue to be profitable."