💼 Business 1d ago · Cris Tolomia

Penske Automotive agreed to go private in $16.3 billion deal with top shareholders

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Penske Automotive agreed to go private in $16.3 billion deal with top shareholders
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Penske Corp. and Mitsui would own 64% and 36% of the dealer group, and other stockholders would get $212 per share in cash

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