SOURCE Pomerantz Grossman Hufford Dahlstrom & Gross LLP
A bid to top Paulson failed to materialize.
The trading panel discussed how Macy's disappointing earnings affected the markets.
Though initial suitor Kohlberg said it will not match the hedge fund's $512 million offer, investors appear unconvinced the auction is over.
Investment firm Paulson & Co. buys Steinway Musical Instruments for about $512 million in a deal that will take the piano-maker private.
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