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Steinway Musical Instruments Goes Private

Stock Researching
Publish date: Thu, 15 Aug 2013, 07:30 AM
Stock Researching
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From Liston Street Pulse:

The piano maker, Steinway Musical Instruments (LVB) has been sold to the investment firm, Paulson & Co in a cash deal worth $512 million. According to the agreement, Steinway will be offered $40 per share. The Company said that it had terminated its deal with Kohlberg & Co. Kohlberg had offered $35 a share. Shares […]

The post Steinway Musical Instruments Goes Private appeared first on Liston Street Pulse.

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