YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Guitar Center Inc. expects to file for Chapter 11 bankruptcy after entering a restructuring agreement.
The restructuring deal with key stakeholders includes a debt reduction of nearly $800 million.
The largest U.S. retailer of music instruments and equipment, Guitar Center owns nearly 300 stores nationwide.
Read more from Reuters.
Hidden problems push completion to fall 2027, city manager reports.