Steinway (LVB) In Talks for 'Go-Shop' Provision Related to Band Unit; Special Committee Will Continue to Actively Consider Other Strategic Alternatives

March 5, 2012 4:16 PM EST
Steinway (NYSE: LVB) reporting it is currently in the process of talks related to the sale of its Band unit. While this was announced in January, the parties are negotiating an agreement which will include a "go-shop" provision.

The company's Special Committee will continue to actively consider other strategic alternatives.


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