StreetInsider.com News Articles

Form DEFA14A PENSKE AUTOMOTIVE GROUP,

Fri, 16 Oct 2026 17:03:00 -0400

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Penske Automotive Group (PAG) PT Raised to $212 at UBS on Go-Private Agreement

Fri, 16 Oct 2026 09:38:23 -0400

UBS analyst Joseph Spak raised the price target on Penske Automotive Group (NYSE: PAG) to $212.00 (from $210.00) while maintaining a Neutral rating.

The analyst commented, "This morning, PAG announced it has entered into a merger agreement to be taken private by Penske Corp. & Mitsui & Co. for $212/share. Currently, those two entities own ~72.6% of PAG shares (Penske 52.1%, Mitsui 20.3%). $212 is a slight raise to the initial non-binding proposal of $210/share from 7/22/26. A special committee of independent and disinterested directors of the Board of Directors unanimously recommended that the Board approve the proposed transaction...Our PT is in-line

Penske Automotive Group (PAG) PT Raised to $212 at UBS on Go-Private Agreement

Fri, 16 Oct 2026 09:38:23 -0400

UBS analyst Joseph Spak raised the price target on Penske Automotive Group (NYSE: PAG) to $212.00 (from $210.00) while maintaining a Neutral rating.

Form DEFA14A PENSKE AUTOMOTIVE GROUP,

Thu, 15 Oct 2026 16:49:00 -0400

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Penske Automotive to go private in $16.3 billion deal led by Penske Corp, Mitsui

Thu, 15 Oct 2026 08:53:11 -0400

Investing.com -- Penske Automotive Group Inc (NYSE:PAG) jumped more than 8% in premarket trading Thursday after agreeing to be taken private by its controlling shareholder, Penske Corporation, and longtime partner Mitsui & Co. in a cash deal valuing the international transportation company at approximately $16.3 billion.

Under the terms of the definitive merger agreement, unaffiliated shareholders will receive $212.00 per share in cash, representing an 8.8% premium over Wednesday's closing price and a 26.2% premium over the 90-day volume-weighted average price prior to the consortium's initial proposal in July.

The transaction caps a quarter-century relationship between

Penske Automotive to go private in $16.3 billion deal led by Penske Corp, Mitsui

Thu, 15 Oct 2026 08:53:11 -0400

The transaction caps a quarter-century relationship between

Form DFAN14A PENSKE AUTOMOTIVE GROUP, Filed by: MITSUI & CO LTD

Thu, 15 Oct 2026 07:51:00 -0400

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Form SCHEDULE 13D/A PENSKE AUTOMOTIVE GROUP, Filed by: PENSKE ROGER S

Thu, 15 Oct 2026 07:30:00 -0400

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Form SCHEDULE 13D/A PENSKE AUTOMOTIVE GROUP, Filed by: MITSUI & CO LTD

Thu, 15 Oct 2026 07:16:00 -0400

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Form DEFA14A PENSKE AUTOMOTIVE GROUP,

Thu, 15 Oct 2026 07:02:00 -0400

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Form 8-K PENSKE AUTOMOTIVE GROUP, For: Oct 15

Thu, 15 Oct 2026 07:00:00 -0400

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Penske Automotive Group to go private in $16.3B deal

Thu, 15 Oct 2026 06:54:29 -0400

Penske Automotive Group (NYSE: PAG) has agreed to be taken private by Penske Corporation and Mitsui & Co., Ltd. in a deal valuing the company at approximately $16.3 billion in enterprise value, according to a company press release.

Under the terms of the merger agreement, public shareholders will receive $212.00 per share in cash, representing an 8.84% premium to the stock's closing price on Oct. 14, 2026, the trading day before the announcement. The price also reflects premiums of approximately 20.09% and 26.17% to the 60-day and 90-day volume weighted average prices, respectively, for the period ended July 21, 2026.

Upon closing,

Penske Automotive Group to go private in $16.3B deal

Thu, 15 Oct 2026 06:54:29 -0400

Upon closing,

Penske Automotive Group to go private in $16.3B deal

Thu, 15 Oct 2026 06:54:29 -0400

Upon closing,

Penske Automotive Group to go private in $16.3B deal

Thu, 15 Oct 2026 06:54:29 -0400

Upon closing,

Penske Automotive Group Announces Agreement to be Taken Private by Penske Corporation and Mitsui & Co.

Thu, 15 Oct 2026 06:50:00 -0400

Penske Automotive Group Shareholders to Receive $212.00 Per Share in Cash

BLOOMFIELD HILLS, Mich., Oct. 15, 2026 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG) (the "Company" or "PAG"), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers, today announced that it has entered into a merger agreement to be

Penske Automotive Group Announces Agreement to be Taken Private by Penske Corporation and Mitsui & Co.

Thu, 15 Oct 2026 06:50:00 -0400

Penske Automotive Group Shareholders to Receive $212.00 Per Share in Cash

Form 8-K PENSKE AUTOMOTIVE GROUP, For: Oct 15

Thu, 15 Oct 2026 06:50:00 -0400

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Penske Automotive Group (PAG) Raises Quarterly Dividend 1.4% to $1.46; 3% Yield

Thu, 15 Oct 2026 06:46:41 -0400

Penske Automotive Group (NYSE: PAG) declared a quarterly dividend of $1.46 per share, or $5.84 annualized. This is a 1.4% increase from the prior dividend of $1.44.

The dividend will be payable on December 1, 2026, to stockholders of record on November 13, 2026, with an ex-dividend date of November 12, 2026.

The annual yield on the dividend is 3 percent.

For a dividend history and other dividend-related data on Penske Automotive Group (PAG) click here.

PENSKE AUTOMOTIVE GROUP ANNOUNCES DIVIDEND INCREASE

Thu, 15 Oct 2026 06:45:00 -0400

BLOOMFIELD HILLS, Mich., Oct 15, 2026 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers, today announced that its Board of Directors has declared a quarterly cash dividend of $1.46 per share. The dividend represents an increase of $0.02 per share (+1.4%), bringing the annualized dividend to $5.84 per share. The dividend is payable December 1, 2026, to shareholders

PENSKE AUTOMOTIVE GROUP ANNOUNCES DIVIDEND INCREASE

Thu, 15 Oct 2026 06:45:00 -0400

StoneX Reiterates Hold Rating on Penske Automotive Group (PAG) Amid Stock Volatility

Wed, 07 Oct 2026 08:50:03 -0400

StoneX analyst Michael Albanese reiterated a Hold rating and {REMOVEPT} price target on Penske Automotive Group (NYSE: PAG).

The analyst commented, "First, PAG has a $210 take-out offer (stock is ~$204) being reviewed by a special committee. The stock has been less volatile as a result, and we think it's likely a deal gets done given this was a combined offer from Penske Corp. and Mitsui (combined 70%+ ownership) and the deal is at a solid premium multiple vs the peer group which has rerated downwards over past few weeks. We think it's likely the deal gets done in 1Q27 and

Penske Automotive Group (PAG) PT Lowered to $210 at Barclays

Tue, 06 Oct 2026 03:26:19 -0400

Barclays analyst John Babcock lowered the price target on Penske Automotive Group (NYSE: PAG) to $210.00 (from $225.00) while maintaining a Overweight rating.

Gabelli To Host 50th Annual Automotive Symposium

Tue, 15 Sep 2026 08:00:00 -0400

PALM BEACH, Fla., Sept. 15, 2026 (GLOBE NEWSWIRE) -- Gabelli will host this year’s 50th Annual Automotive Symposium on November 2nd and 3rd at the Encore at Wynn in Las Vegas, Nevada. The symposium will link investors with executive leadership across the automotive value chain.

This symposium will feature presentations by senior management of leading automotive and trucking companies, with a lineup that allows investors to understand the ongoing dynamics within the automotive industry. Discussions will cover a variety of topics, including the potential effect of tariffs, vehicle affordability, car complexity and the shift to

Gabelli To Host 50th Annual Automotive Symposium

Tue, 15 Sep 2026 08:00:00 -0400