Today Steinway & Sons announced that they are being acquired by the private equity firm Kolhman & Company.
Steinway & Sons was founded in 1853 and quickly became known for producing high-quality pianos and instruments. To this day, all Steinway pianos are hand-produced in their factories in Astoria, New York and Hamburg, Germany in a process that takes a full year.
In light of this recent development, we've curated a playlist of Steinway-inspired piano performances for you to enjoy. The playlist was created using the on-demand music service Spotify, which you can find out more about here.
The company announced the news on their website, claiming that shareholders will receive $35 per share of Steinway & Sons stock.
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