Steinway and Sons is sold, and the digitals are probably having a party

http://dealbook.nytimes.com/2013/07/01/steinway-sold-to-private-equity-firm-for-438-million/ It was no surprise to read about Steinway selling out to Kohlberg and Company .. Why? because, 1) who has the money to buy a pricey grand 2) Digitals are turning acoustics into dinosaurs. If I were purist and dismissed all my students who had electronics, I'd be catapulted into bankruptcy. In all candor,…