WAYNE, Pa., March 5, 2013 /PRNewswire/ -- Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/shs) is investigating potential claims against the board of directors of Sauer-Danfoss Inc. ("Sauer-Danfoss" or the "Company") (NYSE: SHS) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Danfoss A/S ("Danfoss") in a transaction valued at approximately $692 million.
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Our investigation concerns possible breaches of fiduciary duty and other violations of law related to this transaction by the Company's board of directors; in particular, whether the Company undertook a fair process to maximize consideration for all shareholders of Sauer-Danfoss. For more information regarding our investigation, please contact Ryan & Maniskas, LLP (Richard A. Maniskas, Esquire) toll-free at (877) 316-3218 or by email at rmaniskas@rmclasslaw.com or visit: www.rmclasslaw.com/cases/shs.
Under the terms of the proposal, public shareholders of Sauer-Danfoss will receive $58.50 per share in cash for each share of Sauer-Danfoss they own.
If you own shares of Sauer- Danfoss and would like to learn more about these claims or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at (877) 316-3218 or to sign up online, visit: www.rmclasslaw.com/cases/shs. You may also email Mr. Maniskas at rmaniskas@rmclasslaw.com. For more information about class action cases in general, please visit our website: www.rmclasslaw.com.
Ryan & Maniskas, LLP is a national shareholder litigation firm. Ryan & Maniskas, LLP is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide.
CONTACT: | Ryan & Maniskas, LLP |
Richard A. Maniskas, Esquire | |
995 Old Eagle School Rd., Suite 311 | |
Wayne, PA 19087 | |
877-316-3218 | |
SOURCE Ryan & Maniskas, LLP
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