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Penske Automotive To Go Private In $16.3 Billion Deal | WAPE

Newsbenzinga

Penske Automotive To Go Private In $16.3 Billion Deal

Oct 15, 2026, 07:34 ET · Published

Article summary

PAG stock jumps 8%+ as Penske Automotive agrees to go private at $212/share cash in a $16.3B buyout. Dividend raised to $1.46.

An excerpt from the original article.

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