Workers at Conn-Selmer in Elkhart have a new boss today.
The investment firm Paulson and Company won a bidding war for Steinway Musical Instruments, Conn-Selmer's parent company.
Steinway's piano division is in New York. Band and orchestra instruments are made in Elkhart.
The sale price – $499 million.
No word right now on what this might mean for Conn-Selmer workers in Elkhart.