DALLAS -- (Business Wire)
Former United States Securities and Exchange Commission attorney Willie
Briscoe and the securities litigation firm of Powers
Taylor, LLP are investigating the sale of Sauer-Danfoss, Inc.
(“Sauer-Danfoss”) (NYSE: SHS) to Danfoss A/S for shareholders. Under the
terms of the proposed deal valued at approximately $692 million,
Sauer-Danfoss shareholders will only receive $58.50 in cash for each
share of Sauer-Danfoss stock owned. Shareholders will also receive one
final cash divided of $.35 per share on March 29.
If you are an affected investor, and you want to learn more about the
lawsuit or join the action, contact Willie Briscoe at The Briscoe Law
Firm, PLLC, (214) 239-4568, or via email at WBriscoe@TheBriscoeLawFirm.com
or Zach Groover at Powers Taylor, LLP, toll free (877) 728-9607, via
e-mail at firstname.lastname@example.org.
There is no cost or fee to you.
The Sauer-Danfoss sale investigation centers on whether Sauer-Danfoss’
shareholders are receiving adequate compensation for their shares in the
buyout, whether the transaction undervalues Sauer-Danfoss’ stock, and
whether Sauer-Danfoss’ board attempted to obtain the highest share price
for all shareholders prior to agreeing to the deal. Shareholder rights
attorney Patrick Powers stated that “due to the proposed sale price, the
size of the deal and other factors, we believe this transaction may
undervalue Sauer-Danfoss’ stock. Our proposed lawsuit will seek to
obtain the highest share price for all shareholders.”
Briscoe Law Firm, PLLC is a full service business litigation and
shareholder rights advocacy firm with more than 20 years of experience
in complex litigation and transactional matters.
Taylor, LLP is a boutique litigation law firm that handles a variety
of complex business litigation matters, including claims of investor and
stockholder fraud, shareholder oppression, shareholder derivative suits,
and security class actions.
The Briscoe Law Firm, PLLC
Willie Briscoe, 214-239-4568
Zach Groover, 877-728-9607
Source: Powers Taylor, LLP