Originally Posted by rdb
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.
Originally Posted by bermuda
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.
Oh, now I'm curious!! What was restrictive about Steinway?