{"id":"tp-33078","type":"article-newspaper","title":"Penske Automotive Group Shares Rise Nearly 9% After $212 Buyout Pact","author":"John Kim","publisher":"TOKENPOST Inc.","url":"https://www.tokenpost.com/news/business/33078","datePublished":"2026-10-16T06:16:43.000Z","dateModified":"2026-10-16T06:16:43.000Z","language":"en","abstract":"Eligible common stockholders outside the investor group would receive $212 per share in cash, with closing targeted for the first quarter of 2027.","section":"Business","references":[{"title":"dividend increase announcement","url":"https://www.tokenpost.com/news/business/32512"}]}