Re:iHeartRadio owner files for bankruptcy
by busterarm on Thursday March 15, 2018 @02:12PM
(#16595208)
They also have a long history of running companies into the ground via LBOs.
Just look at Guitar Center. Unfortunately when they explode, they're going to take companies like Gibson and probably also Korg with them. Gibson is already in the process of unraveling right now. Their impending bankruptcy was obvious when they didn't have a booth at NAMM this year.
Just look at Guitar Center. Unfortunately when they explode, they're going to take companies like Gibson and probably also Korg with them. Gibson is already in the process of unraveling right now. Their impending bankruptcy was obvious when they didn't have a booth at NAMM this year.
It's absolutely predatory behavior what they did.