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Business
1:03 pm
Mon August 6, 2012

Gibson Guitar Case Ends in Settlement Agreement

Les Paul Gibson guitar
Sweetwater Music

Federal Prosecutors say a deal has been reached to drop the criminal case against Gibson Guitar Corporation. A highly publicized raid of the company’s Nashville facilities had drawn controversy for several months. The company, which manufactures some of the best-selling guitars in the world,  will pay a 300 thousand dollar fine.

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