Tag: billion offer
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Penske, Mitsui make $3.8 billion offer to take auto retailer Penske Automotive private
July 22 : Penske Corp and Mitsui , the controlling shareholders of Penske Automotive Group, have offered $210 per share in cash to take the auto dealership chain private, according to a regulatory filing on Wednesday.Penske Automotive Group’s shares rose over 11 per cent during morning trade. �
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