Paulson Bids $512 Million for Iconic Piano Maker

Paulson Bids $512 Million for Iconic Piano Maker Play

Aug. 14 (Bloomberg) -- CJS Securities President Arnie Ursaner and Albert Fried Merger Arbitrage Strategist Sachin Shah discuss Steinway Musical Instruments' agreement to be acquired by Paulson & Co. in a deal valuing the 160-year-old piano maker at about $512 million. They speak with Pimm Fox on Bloomberg Television's "Taking Stock." (Source: Bloomberg)

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