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<DIV>Michael,</DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>Yamaha did buy Bosendorfer</FONT></DIV>
<DIV><FONT face=Arial size=2><A
href="http://www.boesendorfer.com/index.php?menu=89&dsp=100&act=det&id=1471&lang=en">http://www.boesendorfer.com/index.php?menu=89&dsp=100&act=det&id=1471&lang=en</A></FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>Arnold Duin</FONT></DIV>
<BLOCKQUOTE dir=ltr
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
<DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B>
<A title=IFixPianos@yahoo.com href="mailto:IFixPianos@yahoo.com">Michael
Magness</A> </DIV>
<DIV style="FONT: 10pt arial"><B>To:</B> <A title=pianotech@ptg.org
href="mailto:pianotech@ptg.org">Pianotech List</A> </DIV>
<DIV style="FONT: 10pt arial"><B>Sent:</B> Wednesday, February 06, 2008 3:45
PM</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> Re: Yamaha buys
Bosendorfer</DIV>
<DIV><BR></DIV><BR><BR>
<DIV class=gmail_quote>On Feb 6, 2008 12:50 AM, Richard Brekne <<A
href="mailto:ricb@pianostemmer.no">ricb@pianostemmer.no</A>> wrote:<BR>
<BLOCKQUOTE class=gmail_quote
style="PADDING-LEFT: 1ex; MARGIN: 0px 0px 0px 0.8ex; BORDER-LEFT: #ccc 1px solid">This
came up about a month or so back... didnt know it was a final deal.<BR>There
was another company in the picture and it still seemed a bit up in<BR>the
air.<BR><BR>Cheers<BR>RicB<BR><BR><BR> Hey guys. I just read
that Yamaha has bought Bosendorfer. You<BR> probably already
knew this, but it's news to me. Any comments?<BR> Gerald
McC<BR></BLOCKQUOTE>
<DIV> </DIV>
<DIV> </DIV>
<BLOCKQUOTE class=gmail_quote
style="PADDING-LEFT: 1ex; MARGIN: 0px 0px 0px 0.8ex; BORDER-LEFT: #ccc 1px solid"><SPAN
id=""></SPAN>You remembered right Ric but apparantly they were wrong or
premature in their report! This is what was reported at the
time.<BR></BLOCKQUOTE></DIV>
<DIV><BR>Piano Maker Bösendorfer Sold<BR>By Matthew Westphal<BR>November 19,
2007<BR>The fabled Austrian piano manufacturer Bösendorfer has been sold for
just under €11 million, according to the Austrian national broadcaster ORF and
Deutsche Presse-Agentur. The purchaser, Brodmann Pianos of Vienna, beat out
rival Yamaha Pianos of Japan. <BR>Bösendorfer — whose instruments have been
considered to rank at the highest level of quality, alongside those of
Steinway, Bechstein and Pleyel — has been struggling financially in recent
years, with a loss of €2 million in 2006 and accumulated debt of €8 million,
according to DPA. <BR>The Austrian banking group BAWAG acquired Bösendorfer in
2001 for about US$25 million; the sale of the piano maker follows the purchase
of BAWAG by the US hedge fund Cerberus earlier this year. <BR>Brodmann Pianos
was founded by Joseph Brodmann, who was the teacher of Ignaz Bösendorfer. The
apprentice acquired his master's company and created Bösendorfer Pianos in
1828 (though the two firms subsequently split). Brodmann's current chief,
Christian Höferl, is a former Bösendorfer sales executive. <BR>According to
DPA, Bösendorfer staff demanded guarantees that manufacturing operations would
not be moved abroad, maintaining that the Austrian provenance of the company's
pianos is an integral part of their identity. <BR clear=all></DIV>
<DIV> </DIV>
<DIV>Mike<BR>-- <BR>Age is an issue of mind over matter. If you don't mind, it
doesn't matter.<BR>Michael Magness<BR>Magness Piano
Service<BR>608-786-4404<BR><A
href="http://www.IFixPianos.com">www.IFixPianos.com</A><BR>email <A
href="mailto:mike@ifixpianos.com">mike@ifixpianos.com</A>
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