Steinway Changes Its Tune with Sale to Paulson

, The Am Law Daily


Akin Gump Strauss Hauer & Feld is advising Paulson & Company on its $512 million acquisition of Steinway, which is being represented by Skadden, Arps, Slate Meagher & Flom and Gibson, Dunn & Crutcher. In accepting Paulson's offer, the renowned piano maker is backing off an earlier $438 million deal with a Kohlberg & Company affiliate.

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