$PAG Merger Investigation: BFA Law Reminds Penske Automotive Group Shareholders of Its Ongoing Investigation into the $212.00 per Share Take-Private Merger
Globe Newswire•26/10/2026•05:46 ET
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Key Highlights
- ➤$212.00-per-share take-private merger under investigation for potential fiduciary-duty breaches
- ➤Roger Penske and Mitsui control 72.3% of Penske’s voting power
- ➤Special committee evaluated merger; public-stockholder approval remains required
- ➤BFA questions whether $212.00 per-share price is fair to public shareholders
NEW YORK, Oct. 26, 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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