Gibson Guitar to buy 54% stake in Teac

TOKYO, Japan - Photo shows Yuji Hanabusa (R), president of Teac Corp., playing the guitar, and Henry Juszkiewicz, chairman and CEO of Gibson Guitar Corp., at a press conference in Tokyo on March 29, 2013. U.S. guitar maker Gibson Guitar announced the same day it is buying a controlling 54.4 percent stake in Japanese audio equipment manufacturer Teac for about 4.8 billion yen.

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ILEA001180786

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2013/3/29 00:00:00

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Kyodo / Kyodo News Images

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2013 Kyodo News

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