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Chancery Wants Stricter Test For $700M Sauer-Danfoss Deal

By Matt Chiappardi ( January 22, 2016, 8:40 PM EST) -- A Delaware Chancery judge ruled Friday that the $700 million takeover deal of Danish industrial manufacturer Sauer-Danfoss Inc., which created Danfoss Power Solutions, should be evaluated at trial under the strict entire fairness standard, but the suing shareholders will have the burden of showing whether the transaction was fair....

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