Guest editor Stephen Hough curates this special edition of International Piano. Content highlights: The art of preluding: A look back at improvised introductions Alkan’s bicentenary: Celebrating neglected composer Charles-Valentin Alkan Larger than life: Anton Rubinstein’s piano prowess Of pianos and fortepianos: Unchartered sound worlds Lost generation: Careers cut short by tragedy Soviet style: Can notes can have a nationalistic identity? Symposium: The Second Viennese School Sheet music: Lullaby by Stephen Hough How to practise: Make time offstage worthwhile Piano Street Gold members have instant online access to the digital version of the magazine.
http://www.pianostreet.com/blog/piano-news/international-piano-novdec-2013-6376/Thursday, October 31, 2013
Monday, October 14, 2013
Steinway Sold: Code Name “Edelweiss” Outbid by a True Piano Lover
The calculation was rather simple — Mr. Paulson loves Steinway s pianos, so why not buy the whole company? Back in July, equity firm Kohlberg & Company, reached an agreement with Steinway to buy the company for $35 a share ($485 million). But piano enthusiast and billionaire John Paulson, presumably after reading Piano Street s post encouraging others to make an offer , began to pursue Steinway in earnest and read a book on the company to help bring himself up to speed. After finishing the book, Paulson surprised everyone by offering $38 a share on August 14. Kohlberg bowed out of the running, but later that day, a secret challenger turned up under code name Edelweiss with a raised bid of $39 a share. Not to be outdone, Paulson increased his bid to $40. Steinway declared him the winner, and the identity of the secret bidder Edelweiss was revealed. It was Samick Musical Instruments of South Korea, one of Steinway s biggest shareholders before the buyout. For terminating its prior agr
http://www.pianostreet.com/blog/piano-news/steinway-sold-code-name-edelweiss-outbid-by-a-true-piano-lover-6231/
Subscribe to:
Posts (Atom)