Steinway Musical Instruments Inc (NYSE:LVB) will be acquired by Paulson & Co. in a deal valuing the 160-year-old piano maker at about $512 million. Bloomberg’s Scarlet Fu goes behind the scenes to find out what gives these iconic instruments their value.
Yarra Square Partners returned 19.5% net in 2020, outperforming its benchmark, the S&P 500, which returned 18.4% throughout the year. According to a copy of the firm's fourth-quarter and full-year letter to investors, which ValueWalk has been able to review, 2020 was a year of two halves for the investment manager. Q1 2021 hedge fund Read More