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Guitar Center to be acquired by its major creditor

Discussion in 'Miscellaneous [BG]' started by JAUQO III-X, Mar 4, 2014.


  1. JAUQO III-X

    JAUQO III-X

    Joined:
    Jan 4, 2002
    Location:
    CHICAGO,IL.
    Disclosures:
    Endorsing artist:see profile.
  2. mindwell

    mindwell Supporting Member

    Joined:
    Aug 17, 2006
    Location:
    Wichita, KS
    Bain Capital leveraged buyout debt really is the kiss of death. Will GC now go the way of Red Lobster?
     
  3. waynobass

    waynobass Supporting Member

    Joined:
    Feb 27, 2008
    Location:
    Texas
    What? I like Red Lobster a lot more than Guitar Center. Those biscuits!
     
  4. prd004

    prd004

    Joined:
    Dec 3, 2010
    I still have several friends employed by GC. I feel for them.
    I used to love GC, but that was a long time ago and that store is long gone anyway
     
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  6. SactoBass

    SactoBass There are some who call me.......Sactobass

    Joined:
    Jul 8, 2009
    Location:
    Sacramento California
    LMAO!! Big +1 on those biscuits! :D
     
  7. Mystic Michael

    Mystic Michael Hip No Ties

    Joined:
    Apr 1, 2004
    Location:
    New York, NY
    I actually feel sorry for the Guitar Center people. Getting acquired, then sucked dry by Bain Capital, is kind of like having to swim the English Channel with a concrete block strapped to each ankle. :atoz:

    MM
     
  8. tedsalt

    tedsalt Supporting Member

    Joined:
    Aug 5, 2010
    Media:
    1
    Albums:
    2
    Location:
    The Mild Midwest
    Based on local GC inventories, I figured they weren't doing too good. I still managed to purchase a couple of nice cabs from the GC Used listings in the last month. Sad ...
     
  9. SirMjac28

    SirMjac28 Patiently Waiting For The Next British Invasion Gold Supporting Member

    Joined:
    Aug 25, 2010
    Location:
    The Great Midwest
    Hopefully we can catch some "disgruntled employee" discounts :)
     
  10. scotch

    scotch Will play bass for fish tacos. Plus cash. Supporting Member

    Joined:
    Nov 12, 2006
    Location:
    Nashville, TN USA
    Disclosures:
    Please see Profile for Endorsement disclosures
    Guitar Center was really already for the seafood lover in all of us.
     
  11. pica

    pica

    Joined:
    Nov 26, 2009
    Location:
    West Bloomfield, Mich.
    LOL!! +10000
     

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