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Gretsch
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===Sale to Baldwin, Gretsch family regains interest=== Fred Gretsch never found a suitable successor, and in 1967 Gretsch was sold to [[Baldwin Piano Company|Baldwin Pianos]],<ref name="Gjörde35">{{cite book|last=Gjörde|first=Per|title=Pearls and Crazy Diamonds|publisher=Addit Information AB|year=2001|location=Göteborg, Sweden|pages=35–37}}</ref> becoming a subsidiary of that firm. Mid-1969, Baldwin moved Gretsch instrument manufacturing operations from Brooklyn to a plant in DeQueen, Arkansas.<ref name="BriefHistory"></ref> In 1983, Baldwin's holding company and several of its subsidiaries were forced into bankruptcy. At the time it was the largest bankruptcy ever, with a total debt of over $9 billion.<ref>{{Cite web|url=https://www.nytimes.com/1983/09/27/business/baldwin-a-casualty-of-fast-expansion-files-for-bankruptcy.html|title=BALDWIN, A CASUALTY OF FAST EXPANSION, FILES FOR BANKRUPTCY|first=Michael|last=Blumstein|date=27 September 1983|access-date=2021-09-08|website=[[The New York Times]]}}</ref> In 1984, former Baldwin CEO Richard Harrison bought the Baldwin music divisions and brought back former Gretsch employee, Duke Kramer, to run the Gretsch division.<ref name="acousticmusic-org">{{Cite web |url=https://acousticmusic.org/research/history/large-shop-guitar-builders/gretsch/ |title=Gretsch|website=Acousticmusic.org|access-date=2019-12-19}}</ref><ref name="BriefHistory"></ref> In 1985, the Gretsch company once again came under the leadership of the Gretsch family when Fred W. Gretsch, great-grandson of Friedrich and nephew of Fred Gretsch Jr, assumed presidency of the company.<ref name="135Years"></ref><ref>{{Cite web |url=http://www.richmondhillhistory.org/FredGretsch.html|title=About Fred Gretsch, Jr., Music Pioneer|website=The Richmond Hill Historical Society|access-date=2019-12-19}}</ref> The first Gretsch guitars after Fred W Gretsch became president were released in 1988. They were a series of [[Traveling Wilburys]] commemorative guitars, which bore little resemblance to prior Gretsch models. In 1989, Gretsch restarted large-scale production of new guitars based on classic Gretsch models.<ref>{{Cite web |url=http://gretschpages.com/history |title=Gretsch History: The Gretsch Pages |website=Gretschpages.com |access-date=2019-12-19}}</ref><ref name="acousticmusic-org" /> In 1999, the [[Bigsby Electric Guitars]] brand was sold to Gretsch. In 2019, Gretsch sold the Bigsby brand to Fender.<ref name="Bigsby">{{cite web|url=https://guitar.com/features/opinion-analysis/the-unsung-story-of-bigsby-guitars/ |title=The Story of Bigsby Guitars: the solidbody electric guitar's hero|website=Guitar.com|first=Justin|last=Beckner|date=2024-08-08|access-date=2024-12-03}}</ref>
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