https://www.live-feeds.com/feed/roger-penske-inks-blockbuster-deal-to-delist-from-nyseContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/roger-penske-inks-blockbuster-deal-to-delist-from-nysehttps://www.live-feeds.com/feed/roger-penske-inks-blockbuster-deal-to-delist-from-nyse#u140588Tue, 20 Oct 2026 19:42:26 +0000Penske Automotive Group agreed to be taken private by its two largest shareholders, Penske Corporation and Mitsui & Co. The deal values the international transportation services company and commercial truck retailer at approximately $16.3 billion, including debt. Shareholders outside the buyer group will receive $212 per share in cash. The transaction will result in the company delisting from the New York Stock Exchange, with the closing targeted for the first quarter of 2027.Why it mattersThis move reshapes Roger Penske's automotive empire by removing the company from public market s