BRIEF — Penske Automotive Group Announces Agreement To Be Taken Private By Penske Corporation And Mitsui & Co.

Oct 15 (Reuters) — Penske Automotive Group Inc: Penske Automotive Group Announces Agreement To Be Taken Private By Penske Corporation And Mitsui & Co. Penske Automotive Group - Shareholders To Receive $212 Per Share In Cash; Enterprise Value $16.30 Billion Penske Automotive Group - Penske Corporation To Hold 64% And Mitsui To Hold 36% Of Company Post-deal Penske Automotive Group - Company To Continue Qtrly Cash Dividends Through Closing, Not Exceeding $0.02 Per Share Above Prior Quarter Penske Automotive Group Announces Agreement To Be Taken Private By Penske Corporation And Mitsui & Co. Further company coverage: PAG.N (Reuters.Briefs@thomsonreuters.com;)