Thursday, December 08, 2016
 
 
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Steinway Receives New Bid Topping Kohlberg's Offer

By DMO Affiliate
A new bid to buy a legendary piano maker, Steinway could be music to the ears of its shareholders. Steinway Musical Instruments Inc. said that an investment firm has offered to pay $38 per share, or about $477 million, for the company. That tops an earlier bid of $438 million, from Kohlberg & Co.
Steinway Receives New Bid Topping Kohlberg's Offer




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