Steinway (LVB) Shares Up 2+% Following Unsolicited Bid for Units
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Shares of Steinway Musical (NYSE: LVB) are up about 2.3 percent in Tuesday's after-hours session following news several execs at the company have made an unsolicited bid for the band instrument and online music units.
After closing at $25.55 earlier, Steinway shares last traded at $26.15 and are indicated to move higher from here. The ask offer is currently sitting at $31 even.
After closing at $25.55 earlier, Steinway shares last traded at $26.15 and are indicated to move higher from here. The ask offer is currently sitting at $31 even.
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