Penske Automotive Group, Inc. PAG
Updated: 7 Sep 2026
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Recent News
On July 22, 2026, Penske Automotive Group confirmed receipt of an unsolicited, preliminary take-private proposal from Penske Corporation and Mitsui & Co. to acquire the remaining common shares for $210.00 per share in cash. On August 10, 2026, the company's Special Committee announced the retention of independent financial and legal advisors to evaluate the proposal. Earlier, on July 29, 2026, the company reported second-quarter 2026 revenue of $8.5 billion and adjusted earnings per share of $3.62.
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