PAG Deal Announcement: Penske Automotive Group, Inc. Shareholders are Notified of the Proposed $212.00 per Share Take-Private Merger – Contact BFA Law about its Investigation
Globe Newswire•16/10/2026•06:18 ET
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Key Highlights
- ➤Penske and Mitsui will acquire public shares for $212.00 per share
- ➤Roger Penske and Mitsui control 72.3% of Penske’s voting power
- ➤BFA is investigating whether the merger price is fair to public shareholders
- ➤Merger requires approval from Penske’s public stockholders at an upcoming vote
NEW YORK, Oct. 16, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that it is investigating the going private merger whereby Penske Automotive Group, Inc. (NYSE: PAG) is being taken private by its controlling stockholders, Roger Penske and Mitsui & Co., Ltd. Penske is incorporated in Delaware.
If you are a current shareholder of Penske, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/penske-investigation.
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