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|public post by tennee9899 [ view tennee9899's profile ], on Oct. 8 2005, 3:27 PM ET;
Msg URL: http://www.bdcinvestor.com/articles/fp.mpl?id=1128799666.48.5451166257651&m=200510
|Re: This following is an ACAS deal, I'm curious... --
Thanks for this informative post.
I know a couple of folks at Gibson. I doubt if I can find out what interest rate they are paying ACAS, but I can ask. It will take a while, but I will try.
Baldwin did go bankrupt and Gibson bought them out of bk. Baldwin has a manufacturing plant in Arkansas (my home state) and I have friends that worked there. It was shut down completely. Gibson has brought it back on line, but at a lesser production level than before.
By the way, the team that bought Gibson about 20 years or so ago are well known here in Nashville (Gibson's hq). Henry Juszkiewicz and David Berryman have done a tremendous job of turning the company around and restoring it to profitability. Henry's reputation is one of a solid, tough businessman who knows what he is doing. They are very well thought of here.