BALA CYNWYD, Pa., March 4, 2013 /PRNewswire/ -- Law office of
Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of Sauer-Danfoss,
Inc. ("Sauer-Danfoss" or the "Company") (NYSE- SHS-News) relating
to the proposed going private acquisition by Danfoss A/S
("Danfoss").
Under the terms of the transaction, Sauer-Danfoss shareholders
will receive only $58.50 per share in
cash for each share of Sauer-Danfoss stock they own. In addition,
Sauer-Danfoss has declared a dividend for the first quarter of 2013
in which stockholders as of March 15,
2003 will receive a cash dividend of $0.35 per share, payable on March 29, 2013. The investigation concerns
possible breaches of fiduciary duty and other violations of state
law by the Board of Directors of Sauer-Danfoss for not acting in
the Company's shareholders' best interests in connection with the
sale process to Danfoss. The focus of the investigation is whether
the Sauer-Danfoss Board of Directors breached their fiduciary
duties by failing to conduct an adequate and fair sales process
prior to agreeing to this proposed transaction.
If you own shares of Sauer-Danfoss stock and wish to discuss the
legal ramifications of the proposed transaction, or have any
questions, you may e-mail or call the law office of Brodsky &
Smith, LLC who will, without obligation or cost to you, attempt to
answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith,
LLC, Two Bala Plaza, Suite 602, Bala
Cynwyd, PA 19004, by e-mail at
investorrelations@brodsky-smith.com visiting
http://brodsky-smith.com/549-shs-sauer-danfoss-inc.html, by calling
toll free 877-LEGAL-90.
SOURCE Brodsky & Smith, LLC