Kaskela Law LLC is investigating Penske Automotive Group, Inc. (NYSE: PAG) (“Penske Automotive”) on behalf of the company’s stockholders.

On July 22, 2026, Penske Automotive reported that it had received a proposal from Penske Corp. and Mitsui & Co., Ltd., who collectively own over 72% of the company’s stock, to acquire the remaining shares of Penske Automotive stock that they do not currently own for $210.00 per share in cash.

The firm’s investigation will determine whether the proposed $210.00 per share buyout offer would be an appropriate payment for Penske Automotive shares, or if the offer undervalues the company’s shares and potentially shortchanges Penske Automotive investors.

Penske Automotive shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) at (484) 229 – 0750, or by email at abell@kaskelalaw.com for additional information about their legal rights and options. Current shareholders may also request additional information about this investigation by clicking on the following link (or by copying and pasting the link into your browser):

https://kaskelalaw.com/case/penske/

ABOUT KASKELA LAW:

Kaskela Law exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation on a contingent basis (i.e., the firm’s clients are never responsible for any out-of-pocket costs for legal representation). Since 2020, the firm has helped to recover over $500 million for investors. For additional information about Kaskela Law, including the firm’s recent notable recoveries for investors, please visit www.kaskelalaw.com.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20260819064507/en/

Would the proposed $210.00 per share buyout offer be a sufficiently high buyout price for Penske Automotive shares?