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