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Steinway ownership may be up for grabs

  • 1.  Steinway ownership may be up for grabs

    Posted 12 days ago

    https://www.bloomberg.com/view/articles/2018-08-07/a-steinway-auction-could-attract-keen-piano-players

    In the Google News app, I have a standing search set for "piano." This turned up yesterday.

    The article is barely more than a headline, just some rampant speculation with no details of when an auction may take place. It would be amazing to see such an American Icon owned by Chinese interests.


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    David Stocker, RPT
    PNWRVP
    Olympia WA
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  • 2.  RE: Steinway ownership may be up for grabs

    Posted 11 days ago
    Steinway is already owned by interests. It was recently purchased by a hedge fund company.

    George Carlin once wrote, “Stick around. China’s going to win it all.”

    Joe Wiencek NYC




  • 3.  RE: Steinway ownership may be up for grabs

    Posted 10 days ago
    Steinway and Sons is owned by John Paulson who runs a hedge fund. He hasn't sold it to the Chinese yet and still may not.

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    Karl Roeder
    Pompano Beach FL
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  • 4.  RE: Steinway ownership may be up for grabs

    Posted 10 days ago
    I have since seen a memo dated August 7th from Paulson's group, stating they have no plans to sell. But they duly consider any offer.

    Someone at Bloomberg is trying to read tea leaves that may or may not exist.

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    David Stocker, RPT
    PNWRVP
    Olympia WA
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