Find public news by keyword, exact ticker, category and date.
Open a ticker page for its news coverage. The news search below stays a text search.
8 results loaded, newest first. End of these results. The latest changes are still being indexed. Try again shortly for updated results.
Penske Automotive Group agreed to be taken private by Penske Corporation and Mitsui & Co. in a deal valuing the company at approximately $16.3 billion. Its shares rose around 8% in premarket trading.
(Updates) Workspace search string for individual stock moves: STXBZ The Day Ahead newsletter: The Morning News Call newsletter: The S&P 500 and the Nasdaq were on track to extend losses on Thursday as fears of a potential hit to artificial-intelligence investments from higher interest rates deepened a rout in AI-linked
* Shares of Penske Automotive Group up ~8% at $211.23 premarket * Co says it agrees to be taken private by its largest shareholders, Penske Corp and Japan's Mitsui, in a deal valuing the company at about $16.3 billion, including debt * PAG says the $212 per share purchase price represents an 8.6% premium to its July 21
Penske Automotive Group agreed to be taken private by Penske Corp. and Mitsui & Co., its largest investors, for about $4 billion.
PAG shares are up 8% premarket following the agreement. ERIC is up 11% on earnings.
Penske Automotive Group said it agreed to be taken private by its largest shareholders, Penske Corp and Japan's Mitsui. The deal values the auto retailer at about $16.3 billion, including debt.
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 Mi
Penske Automotive Group announced an agreement to be taken private by Penske Corp and Mitsui & Co.