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Old 07-02-2013, 12:26 AM
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DrumEatDrum DrumEatDrum is offline
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Default Re: Ludwig's parent company sold

Quote:
Originally Posted by rdb View Post
Don't these PE firms then break up the company and sell off the pieces?
Sometimes, not always. I wouldn't guess either way in this case.

Although it wouldn't surprise me if someone at Gibson has a phone call in to see if a spin off would be part of the plan.

Quote:
Originally Posted by bermuda View Post
In some ways, this frees up Ludwig to things that were more restrictive under Steinway. Definitely a good thing in terms of what Ludwig will be able to do in the future.

Bermuda
Oh, now I'm curious!! What was restrictive about Steinway?
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