In summary, the impression I get is that the current CEO wants to be a businessman who runs a company that happens to make guitars, in contrast to wanting to run a guitar company. With the former, you could a bunch of debt-driven acquisitions that might, or might not be, a good buy. But now you're not just the CEO of a guitar company, you're the CEO of a conglomerate. Big swingin' dick, you are.
In contrast to Martin, who has been making guitars, and the occasional mandolin or ukulele, for well over a hundred years. That's pretty much all they do, and as far as I can tell they're financially fit. Probably because Mr. Chris Martin is content running a guitar company.
That's just my arm chair analysis. I otherwise have no idea what the hell Gibson wants with, say, Teac.