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Prospect News home > News index > List of issuers S > Headlines for Steinway Musical Instruments, Inc. > News item
Published on 11/26/2007 in the Prospect News Special Situations Daily.

ValueAct buys more shares of Steinway

By Lisa Kerner

Charlotte, N.C., Nov. 26 - ValueAct SmallCap Master Fund, LP upped its stake in Steinway Musical Instruments, Inc. to 10.5% from 9.1% with the purchase of 107,357 additional shares of the company's stock.

The shares were purchased between Nov. 9 and Nov. 20 and priced from $28.16 to $28.80 each, according to a schedule 13D filing with the Securities and Exchange Commission.

Steinway is a Waltham, Mass., musical instrument manufacturer.


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