Agreement signedPublished 22 Dec 2023

Penske Automotive Group, Inc. /
Don Allen Auto Service, Inc.

Penske Automotive Group to buy Nantucket auto dealership company

Buy side: Penske Automotive Group, Inc.
Buy sidePenske Automotive Group, Inc.
Target: Don Allen Auto Service, Inc.
TargetDon Allen Auto Service, Inc.
Source · 22 Dec 2023
Buy side: Penske Automotive Group, Inc.
Buy sidePenske Automotive Group, Inc.
Target: Don Allen Auto Service, Inc.
TargetDon Allen Auto Service, Inc.
01 / BuyerPenske Automotive Group, Inc.
02 / TargetDon Allen Auto Service, Inc.
01

What happened

Penske Automotive Group, Inc. agreed to buy Don Allen Auto Service, Inc. from Penske Investments Limited Partnership for $12,340,000 in cash, subject to certain adjustments.

Don Allen Auto Service owns Don Allen Ford Nantucket and Don Allen Chrysler Dodge Jeep Ram, along with associated real property in Nantucket, MA. The closing is subject to customary conditions.

02

The source

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01
Source · Original source

Penske Automotive Group to buy Nantucket auto dealership company

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03

Timeline

Every date the source states, in order. Anything marked ahead is a target the source gives, not something that has happened.

  1. Published by the source

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