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

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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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