Music to their ears

Shares of Steinway Musical Instruments have risen after the 160-year-old piano maker announced it received a better takeover offer to the pending $US438 million ($479.5 million) deal with Kohlberg & Co. Steinway identified the new potential buyer only as an investment firm and said it had offered about $US477 million.

By InvestSMART · 14 Aug 2013

By InvestSMART ·
14 Aug 2013

Share

Comments

Print

Shares of Steinway Musical Instruments have risen after the 160-year-old piano maker announced it received a better takeover offer to the pending $US438 million ($479.5 million) deal with Kohlberg & Co. Steinway identified the new potential buyer only as an investment firm and said it had offered about $US477 million.

Share this article and show your support

Proudly

Music to their ears

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'Enter verification code' }}

{{ completedStep1 ? 'Authentication & Security' : content.trialHeading.replace('{0}', user.FirstName) }}

{{ content.upgradeHeading.replace('{0}', user.FirstName) }}

Updating information

Please wait ...

Your membership to InvestSMART Group recently failed to renew.

You've recently updated your payment details.

Please click on the ACTIVATE button to activate your Intelligent Investor 15-day free trial

Please click on the ACTIVATE button to finalise your membership

Unsuccessful registration

Forgotten password