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Penske Corp. and Mitsui Propose $3.8 Billion Take-Private Deal for Penske Automotive Group

Penske Corp. and Mitsui plan to acquire the remaining 27% of Penske Automotive Group at $210 per share in a $3.8 billion buyout.

Penske Corp. and Mitsui Propose $3.8 Billion Take-Private Deal for Penske Automotive Group
Credit: JAKUB PORZYCKI—NURPHOTO/GETTY IMAGES
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07/22/2026 · 12:15 PM
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Greg Abel Finally Puts Berkshire’s Massive Cash Pile to Work
Featured/ 08/08/2026 · 12:11 PM

Greg Abel Finally Puts Berkshire’s Massive Cash Pile to Work

Berkshire Q2 profit jumps 16% to $13B, beating forecasts. CEO Abel cuts cash pile, buys $10B Alphabet stock & accelerates $7.8B buybacks.

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08/07/2026 · 5:04 PM

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Ashland Explores Sale After Takeover Interest From PE Firms and Activist Pressure
08/07/2026 · 4:33 PM

Ashland Explores Sale After Takeover Interest From PE Firms and Activist Pressure

Ashland is exploring a potential sale after takeover interest from PE firms like Advent, Apollo & Carlyle, following activist pressure from Ancora.

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