Bang & Olufsen Investors Risk Being Short-Changed in Shaky Sale

  • Talks have narrowed to one suitor who hasn't made an offer
  • Probability of a firm bid `isn't 100 percent:' Nordea analyst

Bang & Olufsen A/S’s precarious yearlong effort to find a buyer has left the 91-year-old company with a single suitor, risking a disappointing outcome for investors who have bid up the Danish maker of high-end televisions and stereo systems.

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