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 LevyTripp Levy PLLC 125 East 82 nd Street 9 th Floor New York, New YorkToll Free: 877-772-3975 Email: firstname.lastname@example.org 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 email@example.com SOURCE Tripp Levy PLLC
The ex-dividend date for Sauer-Danfoss (NYSE:SHS) is tomorrow, June 27, 2012. Owners of shares as of market close today will be eligible for a dividend of 35 cents per share. At a price of $33.88 as of 9:30 a.m., the dividend yield is 4%.