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Guitar Center was founded in Hollywood in 1959 by Wayne Mitchell as The Organ Center, a retailer of electronic organs for home and church use. In 1964, after a supplier required him to carry Vox guitar amplifiers, to continue receiving organs, Mitchell added the amplifiers to his inventory and renamed the store The Vox Center, leveraging the Beatles association with the Vox brand.
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On November 28, 2006, Guitar Center offered $37.1 million for the purchase of Woodwind & Brasswind. [3] A few weeks later on December 6, Steinway Musical Instruments offered $40.1M for acquisition, but subsequently announced on its Investor Relations page on January 16, 2007 its intention to terminate its asset purchase agreement with Dennis ...
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By 2005, Music & Arts Center was operating 60 retail locations and 7 educational support centers throughout the mid-Atlantic and Southeast. [3] On February 9, 2005, Guitar Center announced the acquisition of Music & Arts Center and its plans to merge Music & Arts Center with its American Music Group division of band and orchestral instrument ...
The Fender Music Foundation, formerly The Guitar Center Music Foundation, was established in 2005 in Westlake Village, California by Larry Thomas when he retired as CEO of Guitar Center, Inc. The foundation became active in 2006, raising $765,000 [1] and awarding its first grants at the end of that year. By the end of 2007, their grants ...