Steinway (LVB) jumps +5% after its senior management makes an unsolicited proposal to purchase...

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

Steinway (LVB) jumps +5% after its senior management makes an unsolicited proposal to purchase and take private the company's band instrument and online music divisions. In connection with the proposal, Chairman Kyle Kirkland has agreed to step down.