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Faruqi & Faruqi, LLP Is Seeking More Cash For The Shareholders Of Sauer-Danfoss Inc. (SHS)
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Sauer-Danfoss Inc. (“Sauer-Danfoss” or the “Company”) (NYSE: SHS) for potential breaches of fiduciary duties in connection with their conduct related to the proposed sale of the Company to Danfoss A/S in an all-cash deal valued at approximately $580 million. Danfoss A/S and its subsidiaries currently own approximately 75.6% of the outstanding shares of Sauer-Danfoss. Under the terms of the proposed transaction, Sauer-Danfoss’ stockholders will receive $49 in cash for each share of Sauer-Danfoss’ common stock they own.
Whether Sauer-Danfoss’ Board of Directors is acting in accordance with their fiduciary duties to Sauer-Danfoss’ stockholders to conduct an adequate and fair sales process to sell the Company, whether the proposed transaction undervalues Sauer-Danfoss’ shares, whether Sauer-Danfoss’ Board of Directors is adequately negotiating a price increase for the proposed transaction and by how much this proposed transaction undervalues the Company to the detriment of Sauer-Danfoss’ shareholders is the key focus of this investigation.
If you own common stock in Sauer-Danfoss and wish to obtain additional information and protect your investments free of charge, please contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.
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