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Agreement signedPublished 15 Oct 2026

Motown Acquisition Corp. /
Penske Automotive Group, Inc.

Motown Acquisition Corp. agrees to buy Penske Automotive Group, Inc.

Target: Penske Automotive Group, Inc.
TargetPenske Automotive Group, Inc.
Penske Automotive Group, Inc. · 15 Oct 2026Source
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Follow Motown Acquisition Corp. Follow Penske Automotive Group, Inc.
Target: Penske Automotive Group, Inc.
TargetPenske Automotive Group, Inc.
01 / BuyerMotown Acquisition Corp.
02 / TargetPenske Automotive Group, Inc.
Source for the buyer and target: Penske Automotive Group, Inc.

For the buyer and target.

“On October 15, 2026, Penske Automotive Group, Inc., a Delaware corporation (the “ Company ”), entered into an Agreement and Plan of Merger (the “ Merger Agreement ”) with Motown Acquisition Corp., a Delaware corporation (“ Buyer ”), pursuant to which Buyer will merge with and into the Company (the “ Merger ”), with the Company surviving the Merger.”

Published 15 Oct 2026

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01

What happened

Motown Acquisition Corp. agreed to acquire Penske Automotive Group, Inc., according to a filing dated Oct. 15, 2026. [01]

02

The source

Everything on this page comes from the source below, quoted word for word.

01
Source · Penske Automotive Group, Inc.

Motown Acquisition Corp. agrees to buy Penske Automotive Group, Inc.

This document is the source for the companies, stage and people on this page.

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03

Timeline

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  1. Announced

    “Motown Acquisition Corp. agrees to buy Penske Automotive Group, Inc. Motown Acquisition Corp. agreed to acquire Penske Automotive Group, Inc., according to a filing dated Oct. 15, 2026”

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  2. Published by Penske Automotive Group, Inc.

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This dealMotown Acquisition Corp. / Penske Automotive Group, Inc.Agreement signed · Published 15 Oct 2026
BuyerMotown Acquisition Corp.TargetPenske Automotive Group, Inc.
This dealMotown Acquisition Corp. / Penske Automotive Group, Inc.

Agreement signed · Motown Acquisition Corp. agreed to acquire Penske Automotive Group, Inc. (Agreement signed, published 15 Oct 2026).

Announced 15 Oct 2026
Timeline
  1. Announced
  2. Published by Penske Automotive Group, Inc.
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