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Gibson acquires Baldwin. (Items of Interest).(Brief Article)
In November, Gibson Guitar Corporation purchased Baldwin Piano & Organ Company from GE Capital, Baldwin's secured lender. GE Capital, Baldwin's largest secured creditor, signed a contract to acquire the Baldwin assets in a credit auction on October 15, 2001, after the piano maker filed Chapter 11 bankruptcy in May 2001.
"Our acquisition of Baldwin represents a new and exciting chapter in two century old musical instrument institutions, Gibson and Baldwin," said Henry Juszkiewicz, chairman and CEO of Nashville-based Gibson. "We expect Baldwin to achieve new levels of growth and financial ...
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...Electric Capital on November 1 to acquire the Baldwin Piano & Organ Company. Two weeks...were estimated at $120 million. With Baldwin, Juszkiewicz sees the opportunity for...revered trademark. "The situation at Baldwin is nearly identical to Gibson 15 years...
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...beneficial transaction for GE Capital Services and Toho. Toho strengthens...while the transaction enables GE Capital, with its tremendous financial...distribution channels." Mr. Rone Baldwin, president of GE Capital Japan, said, "Together with...
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...since January 1996. GE Capital Modular Space, Malvern,Pa,a GE Capital Service company...The Rev. Harry Baldwin, pastor of the...Easter," Mr. Baldwin says. "The support...of Churches and GE Capital will help us with...
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...The lender that pulled the plug on Baldwin Builders has agreed to pay $1 million...debate over what caused the bankruptcy of Baldwin, the Newport Beach company known for...off a $60 million credit line, saying Baldwin had violated the deal. The company reorganized...
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GE CAPITAL COMPUTER LEASING, APPLE LAUNCH CORPORATE...FRANCISCO, Feb. 3 /PRNewswire/ -- GE Capital Computer Leasing and Apple USA division...hardware, software and services through GE Capital Computer Leasing. The program has a...
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...STAMFORD, Conn., Jan. 18 /PRNewswire/ -- GE Capital today announced the introduction of Corporate...purchasing expenses. The first products are the GE Capital Corporate Card and the GE Capital Purchasing Card. Both products will enable...
Source: HighBeam Research, Gibson acquires Baldwin. (Items of Interest).(Brief Article)