WALTHAM, Mass. — Steinway has been sold for about $499 million and will again become a private company. The company struck a deal with Paulson & Co., the investment firm founded by John Paulson, for $40 per share. That topped ...

Tagged with: Business business news mergers and acquisitions music steinway

WALTHAM, Mass. — A new bid to buy a legendary piano maker could be music to the ears of its shareholders. Steinway Musical Instruments Inc. said Monday that an investment firm has offered to pay $38 per share, or about ...

Tagged with: Business business news mergers and acquisitions music steinway

WALTHAM, Mass. — The famed piano maker Steinway is being acquired by private equity firm Kohlberg & Co. for about $438 million. Steinway, which has been in business for 160 years, said previously that it was looking into selling the ...

Tagged with: Business business news mergers and acquisitions steinway

ANNAPOLIS — The $552,000 purchase of 32 Steinway pianos by Bowie State University for its new $79 million performing arts center opening next year is “out of touch” with the current economy, Comptroller Peter Franchot said at the Board of ...

Tagged with: bowie state university Comptroller Peter V. R. Franchot Martin O'Malley maryland board of public works steinway

ANNAPOLIS — Bowie State University’s Fine and Performing Arts Center will be an all-Steinway piano program. The Maryland Board of Public Works voted 2-1 on Wednesday to approve $553,000 to buy four concert grand pianos and 28 Steinway-designed pianos, for ...

Tagged with: bowie state university Comptroller Peter V. R. Franchot Martin O'Malley maryland board of public works steinway treasurer nancy k. kopp