Penske Automotive Group, Inc. /
Don Allen Auto Service, Inc.
Penske Automotive Group to buy Nantucket auto dealership company




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.
The source
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Penske Automotive Group to buy Nantucket auto dealership company
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