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Roger Penske

American racecar driver

Also known as Roger Searle Penske, Roger S. Penske

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coverage spread: L0/C60/R40

Photo: Governor Eric Holcomb / Wikimedia Commons (Public domain)

Penske Automotive Group Take-Private Bid Reported

Penske Automotive Group received an unsolicited, non-binding proposal from Penske Corporation and Mitsui to acquire the remaining shares it does not own for $210 per share in cash, valuing PAG at about $13.8 billion and prompting the board to form a special committee to review the offer. With Penske and Mitsui together owning roughly 72% of PAG, the proposal is contingent on definitive agreements and advisers, and shareholders are not required to act at this time.

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Occupation: Formula One driver, NASCAR team owner, businessperson
Citizenship: United States
Born: February 20, 1937, February 1937

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Roger Penske

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Penske Automotive Group Take-Private Bid Reported

Articleresearching the web…

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Roger Penske

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Roger Penske across IJR

In the news

Penske Automotive Group Take-Private Bid Reported

Articleresearching the web…

Key facts

On IJR

Roger Penske across IJR