Bassman Brad
New member
Oh dear God. So Gibson is going to create their equivalent of First Act guitars? Now THAT's depressing news.Light said:
E
Ed Dixon
New member
One question is what you can expect to buy for 53M. That's not a lot of cash in some circles. For example EBay just bought Skype for around 3B.
Ed
Ed
lpdeluxe
The Precision Bass Guy
A Wal-Mart Les Paul?
Just when I thought I had control over the gag reflex.
Just when I thought I had control over the gag reflex.
Bassman Brad
New member
He's right. Fifty three million is NOT a lot of money in the mergers and aquisitions world. Probably more in line with the costs to retool for a new line of in-house designed guitars than to give you enough money to buy a whole different company. I'll bet that Light has nailed it as far as identifying what that money is pegged for.Ed Dixon said:
Garry Sharp
Lost Cause
Yes, it's peanuts and Light's thoughts make sense. However the article (sorry, it's on a specialist private equity subscription site) identified it as funds for an acquisition.
Bassman Brad
New member
Well, they could always offer cash PLUS stock for whatever they're looking at. So the purchase doesn't necessarily have to be limitted to something that costs 53 million.Garry Sharp said:
Garry Sharp
Lost Cause
Here you go, found a public domain reference.
http://www.americancapital.com/news/press_releases/pr/pr.cfm?p_pr=pr20050908.html
There is more than $52m (there's also senior debt from BoA), they talk of both organic and acquisition growth.
http://www.americancapital.com/news/press_releases/pr/pr.cfm?p_pr=pr20050908.html
There is more than $52m (there's also senior debt from BoA), they talk of both organic and acquisition growth.
espskully
New member
I know they ain't perfect - but The Les Paul is just my #1 guitar of choice. I just love em.
B
boomtap
New member
Looks like they might buy something overseas. At least that is how I read it.
timboZ
New member
I think they are looking into buying the line of Estaban guitars, hats, and glasses. 
