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Gibson want to sell remaining Philips headphones stock and other stuff
  • Nashville-based Gibson — which filed for protection from its creditors nearly two months ago — said it is looking to unload its inventory of Philips-branded headphones, speakers and other accessories because the Hong Kong division that handles those products is being liquidated and the North American subsidiary that markets them is being wound down as part of the Chapter 11 restructuring. Gibson has on hand about $3 million worth of product, of which about a tenth is scheduled to be sold to existing customers by September.

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