$PAG (PENSKE AUTOMOTIVE GROUP) — 8-K: Special Committee retains Moelis and Paul Weiss to evaluate $210 per share take-private bid

The Special Committee of Penske Automotive Group’s Board has retained Moelis & Company as independent financial advisor and Paul, Weiss, Rifkind, Wharton & Garrison as independent legal counsel. The advisors will review the unsolicited, preliminary, non-binding proposal from Penske Corporation and Mitsui & Co. to acquire all remaining common shares for $210 per share in cash. The proposal was received on July 22, 2026. No assurance can be given that any agreement will be reached, and shareholders are not required to take any action at this time.

The Special Committee of Penske Automotive Group’s Board has retained Moelis & Company as independent financial advisor and Paul, Weiss, Rifkind, Wharton & Garrison as independent legal counsel. The advisors will review the unsolicited, preliminary, non-binding proposal from Penske Corporation and Mitsui & Co. to acquire all remaining common shares for $210 per share in cash. The proposal was received on July 22, 2026. No assurance can be given that any agreement will be reached, and shareholders are not required to take any action at this time.