News: Steinway Musical Instruments Inc (LVB.N)

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Mon, Jul 1 2013

Kohlberg to buy grand piano maker Steinway for $438 million

NEW YORK - Steinway Musical Instruments Inc. , the 160-year-old manufacturer of pianos, saxophones and trumpets, said on Monday it had agreed to be acquired by private equity firm Kohlberg & Co. in a deal valued at about $438 million.

UPDATE 1-Kohlberg to buy grand piano maker Steinway for $438 mln

NEW YORK, July 1 - Steinway Musical Instruments Inc., the 160-year-old manufacturer of pianos, saxophones and trumpets, said on Monday it had agreed to be acquired by private equity firm Kohlberg & Co. in a deal valued at about $438 million.

Kohlberg to take Steinway Musical private in $438 mln deal

July 1 - Steinway Musical Instruments Inc said it would be acquired by private equity firm Kohlberg & Co in a deal valued about $438 million.

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