Breaking News

Steinway is ‘pedaled’ to PE firm for $438M

The legendary Steinway piano maker — whose pricey works of art are manufactured in a Queens factory — was sold to a private equity firm yesterday for $438 million.
The PE giant, Kohlberg & Co., immediately took pains to assure the public that they won’t start cutting corners at the 160-year-old brand… …read more
Source: NY Post

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Posted by on July 2, 2013. Filed under Business News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.