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Penske Automotive Confirms It Received Non-Binding $210/Share Takeover Proposal From Penske Corporation And Mitsui

Jul 22, 2026 · 05:17 PM ET· updated 2h ago

Penske Automotive Group, Inc. (NYSE:PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers, announced its Board of Directors

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Why It Matters

Penske Automotive got an offer from its owners to buy the whole company for $210 per share, but the deal isn't final yet. This means investors should watch what the company's board decides and whether the price might change as talks continue.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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