Penske

Penske is a transportation services company that operates a large network of vehicle dealerships and provides truck leasing, rental, and logistics services. It is also the parent company of Penske Automotive Group, a major automotive retailer.

Why it’s in the news: It is in the news due to a significant deal where Penske Automotive is being taken private in a near $4 billion transaction involving Mitsui.

Latest on Penske

• Penske Lawsuit SHOCKS Brokers: Who’s Liable for Freight?
• Penske firms reversed twice on appeals, Montgomery a factor
• In Penske buyout, Mitsui aims to beat private equity at its own game
• Two current owners seek to take Penske Automotive private
• Penske, Mitsui Bid to Take Penske Automotive Private in Near $4 Billion Deal

Connections

5 entities linked to Penske across the news graph.