Penske Automotive Agrees to $4 Billion Take-Private Deal
Penske Automotive Group agreed to be taken private by Penske Corp. and Mitsui & Co., its largest investors, for about $4 billion.
By Colin KellaherPenske Automotive Group has agreed to be taken private by the transportation-services company's biggest investors for about $4 billion.Penske Automotive on Thursday said privately held Penske Corp. and Japan's and Mitsui & Co., which already own about 72% of the Bloomfield Hills, M…