Guitar Center Reportedly on the Brink of Bankruptcy

"Earlier this year, creditors and analysts pointed to a deteriorating financial crisis at Gibson Guitar, with a bankruptcy anticipated as early as this summer. Now, you can add Guitar Center to the watch list. Just this week, leading rating agency S&P downgraded Guitar Center to a ‘CCC—’, indicating serious risk of bankruptcy." 

[Digital Music News: Guitar Center Faces Imminent Bankruptcy After 59 Years In Business]