Danfoss A/S offered to buy all outstanding common stock shares of Sauer-Danfoss, Inc. (NYSE:SHS) for $14 per share Monday; the offer will expire at midnight EST on Thursday, April 29th.
According to a statement by Danfoss A/S, the company notified the Sauer-Danfoss board of directors committee with the offer today.
Sauer-Danfoss is trading down 0.89% at $17.75.
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