Depressing. Not surprising though. As a Trombone player I've watched as merger after merger resulted in UMI, later Conn-Selmer, and then Steinway. I watched as famous brands with decades, even a century of history get gutted by the corporation, their development staff and artisans laid off, and their product lines 'streamlined' to get rid of everything but the best selling stuff. Like hamer, many of these famous and sought after trombones can only be found now by looking for used examples. What pisses me off the most though is that FMIC had GOLD in their hands. They had models, know how, and history that could have been a major competitor to Gibson, however they decided that "Charvel" made more sense on Gibson-style guitars than "HAMER". Of course, they also may have wanted to protect their gretsch brand, which is for all intents and purposes just a bunch of reissued crap lacking innovation. It's sad that one company that was actually working to develop new pickups, styles of guitars, etc was shuttered.