Penske Automotive special committee hires advisors on take-private bid

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SPECIAL COMMITTEE OF PENSKE AUTOMOTIVE GROUP RETAINS FINANCIAL AND LEGAL ADVISORS IN CONNECTION WITH TAKE PRIVATE PROPOSAL

August 10, 2026 4:05 PM EDT

BLOOMFIELD HILLS, Mich., Aug. 10, 2026 /PRNewswire/ -- Penske Automotive Group, Inc. (the "Company" or "PAG") (NYSE: PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers, today announced that the special committee of independent and disinterested directors (the "Special Committee") of the Company's Board of Directors (the "Board") has retained... More