PR Newswire: news distribution, targeting and monitoring
2013
See more news releases in Legal Issues  | Legal Issues

Acquisition of Sauer-Danfoss - Law Firm Challenges Fairness Of Price And Process Of Buyout On Behalf Of Shareholders

Share with Twitter Share with LinkedIn

NEW YORK, Nov. 29, 2012 /PRNewswire/ -- Tripp Levy PLLC, a leading national securities law firm, announces an investigation into the proposed acquisition of Sauer-Danfoss Inc. (SHS). Sauer-Danfoss has received notice from Danfoss A/S of its intention to launch a tender offer to acquire all of the outstanding shares of Sauer-Danfoss that it does not already own at a price of $49.00 per share in cash. Danfoss and its subsidiaries currently own approximately 75.6% of the outstanding shares of Sauer-Danfoss.

The investigation concerns, among other things, whether the consideration to be paid to Sauer-Danfoss shareholders is unfair, inadequate, and substantially below the fair or inherent value of Sauer-Danfoss. The investigation further concerns whether the board of directors of Sauer-Danfoss, including Danfoss A/S may have breached their fiduciary duties by not acting in shareholders' best interests in connection with the sale process of Sauer-Danfoss.

If you own Sauer-Danfoss common stock and you wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact

Tripp Levy
Tripp Levy PLLC
125 East 82nd Street
9th Floor
New York, New York
Toll Free: 877-772-3975
Email: contact@tripplevy.com

Tripp Levy PLLC is a national law firm that specializes in mergers & acquisitions, takeover litigation, shareholder rights, and corporate governance matters in state and federal courts throughout the United States. Attorney advertising. Prior results do not guarantee a similar outcome.

Contacts

Tripp Levy PLLC
Tripp Levy , 877-772-3975
contact@tripplevy.com

SOURCE Tripp Levy PLLC



RELATED LINKS
http://www.tripplevy.com

Featured Video

Journalists and Bloggers

Visit PR Newswire for Journalists for releases, photos, ProfNet experts, and customized feeds just for Media.

View and download archived video content distributed by MultiVu on The Digital Center.

Share with Twitter Share with LinkedIn
 

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

 
 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

 
 

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.

 
Area to test
Advanced Search
Search
  
  1. Products & Services
  2. Knowledge Center
  3. Browse News Releases
  4. Contact PR Newswire