Baby Grand: The Monied Making of a $150K Steinway
Dec. 11 (Bloomberg) -- Steinway Musical Instruments will be acquired by Paulson & Co. in a deal valuing the 160-year-old piano maker at about $512 million. Bloomberg's Scarlet Fu goes behind the scenes to find out what gives these iconic instruments their value.
Most Recent Videos
"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
55:08 - Bombardier has announced it will slash 7,500 jobs during a second round of job cuts within the past 8 months. Bloomberg Intelligence Analyst George Ferguson explains whether these cost saving measures were necessary as the struggling aircraft maker awaits $1 billion in federal aid from the Canadian government on Bloomberg TV Canada's The Daily Brief. (Source: Bloomberg)