BREAKING: 4 Firms Guide $16.3B Penske Automotive Take-Private Deal

By Al Barbarino ( October 15, 2026, 9:14 AM EDT) -- Penske Automotive Group Inc. said Thursday it has agreed to be taken private by its controlling shareholder, Penske Corp., and Japan's Mitsui & Co. at an enterprise value of approximately $16.3 billion, with four law firms advising on the transaction. ...

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