Steinway Musical Instruments Aktie

Steinway Musical Instruments für 0 Euro bei ZERO ordern (zzgl. Spreads)

WKN: 902203 / ISIN: US8584951045

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20.08.2013 20:18:00

KSTW Acquisition, Inc. -- Moody's withdraws Steinway ratings after Kohlberg pulls its bid

New York, August 20, 2013 -- Moody's Investors Service withdrew all of KSTW Acquisition, Inc.'s ("KTSW") ratings in response to Kohlberg & Co.'s ("Kohlberg")August 13 announcement that it has withdrawn its $438 million offer to buy Steinway Musical Instruments ("Steinway"). KSTW is an affiliate of Kohlberg, a private equity firm, and was the acquisition vehicle to be used by Kohlberg to facilitate its purchase of Steinway.

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