Investigation Overview
March 1, 2013 (Update) -- On March 1, 2013, Danfoss A/S and Sauer-Danfoss Inc. announced a merger agreement for Danfoss A/S to acquire the 24.4% of Sauer-Danfoss common shares not already owned by Danfoss and its affiliates for $58.50 per share in cash. However, following the takeover announced NYSE:SHS shares jumped on March 1, 2013 to a close of $58.73 per share, thus above the c...
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