SPECIAL COMMITTEE OF PENSKE AUTOMOTIVE GROUP RETAINS FINANCIAL AND LEGAL ADVISORS IN CONNECTION WITH TAKE PRIVATE PROPOSAL
The committee hired independent advisers to review a buyout proposal and said the company’s shareholders remain under consideration.
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Beatrice Daily Sun
SPECIAL COMMITTEE OF PENSKE AUTOMOTIVE GROUP RETAINS FINANCIAL AND LEGAL ADVISORS IN CONNECTION WITH TAKE PRIVATE PROPOSAL
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…
Dealer group news: Group 1 adds to board & latest update from Penske
Group 1 Automotive has named a new director to its board, appointing former Ulta Beauty CEO David Kimbell to the post. The Houston-based auto retailer now has 10 directors on its board. Kimbell will serve on its audit committee. “We are excited to welcome David to our board,” said Charles Szews, Group 1’s non-executive chair of the board, in a news release. “Throughout his career, he has had the vision to reimagine the retail experience and his …
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