Hearing Roger Penske (PAG) May Be Interested In Acquiring The Saturn Brand Of General Motors (GM)
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Hearing Roger Penske may be interested in acquiring the Saturn brand of General Motors (NYSE: GM).
Currently, Roger Penske is Chairman/CEO of the Penske Automotive Group (NYSE: PAG) which owns and operates as an automotive retailer in the U.S. and U.K. It sells new and used motor vehicles, as well as provides various repair, maintenance, and collision services. As of February 1, 2009, Penske Automotive Group owned and operated 156 franchises in the United States and 148 franchises in the United Kingdom, as well as operated 25 collision repair centers.
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