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Amparo Investor Rights Investigates Proposed $212.00 Per Share Take-Private of Penske Automotive Group (NYSE: PAG)

PAG
  • PAG shareholders will vote on a $212.00 per share cash buyout by Penske Corporation & Mitsui & Co., Ltd.
  • Amparo Law Firm PLLC is investigating the fairness of the sale process & the accuracy of information provided to public shareholders.
  • The merger agreement was announced on October 15, 2026, for Penske Automotive Group to be taken private by Motown Acquisition Corp.
  • The transaction represents an enterprise value of approximately $16.3 billion & an 8.84% premium to the October 14, 2026 close.
  • A special committee of independent directors recommended the transaction.
  • Closing is expected in the first quarter of 2027 & requires approval by a majority of outstanding shares & unaffiliated stockholders.
  • The investigation focuses on the special committee's process, potential conflicts of interest, financial advisors' work, & shareholder information.
  • The practice is led by Bob Amirian, Esq., who is admitted in multiple U.S. District Courts.
  • Shareholders can contact the firm at (888) 577-7817 or visit the provided website for more information.
  • The firm handles cases on a contingency basis with no fees unless there is a recovery.