Steinway Musical Instruments (LVB) announces it will be acquired by Kohlberg & Company for...

|About: Steinway Musical Instrume... (LVB)|By:, SA News Editor

Steinway Musical Instruments (LVB) announces it will be acquired by Kohlberg & Company for $35 per share in a deal valued at $438M. The agreement will allow 45 days for Steinway to consider better offers. LVB +15.4% premarket.