Gibson guitar manufacturer files for bankruptcy

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Donald Trump inspects Gibson guitars during a "Made in America" showcase, held at the White House in July 2017, featuring items created in each of the 50 US states

The maker of the Gibson guitar, omnipresent for decades on the American music stage, is filing for bankruptcy protection after wrestling for years with debt.

A pre-negotiated reorganisation plan filed on Tuesday will allow Gibson Brands Inc. to continue operations with $135 million (£100m) in financing from lenders.

Gibson guitars have been esteemed by generations of guitar legends.

After Chuck Berry died, his beloved cherry-red Gibson guitar was bolted to the inside of his coffin lid.

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