Gibson Guitars grab Danish partner

NASHVILLE, Tenn. (AP) -- Gibson Guitar Corp. will be merging with TC Group, a Danish company that makes audio equipment for professionals and musicians.

Officials with the companies announced the plans at a trade show in California on Friday.

Gibson Chairman and CEO Henry Juszkiewicz and TC Group CEO Anders Fauerskov says the merger brings together two powerful brands in music.

Fauerskov will become the new chief operating officer for the company, and he will remain based in Risskov, Denmark.

A news release from the companies did not say whether the company's headquarters would move from Gibson's current location in Nashville or whether there would be job cuts in Tennessee.

A spokeswoman was not immediately available for comment.

(Copyright 2008 by The Associated Press. All Rights Reserved.)


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