{"schema_version":"secwatch.filing_event.v1","accession":"0001019849-23-000137","form_type":"8-K","ticker":"PAG","cik":"0001019849","company_name":"PENSKE AUTOMOTIVE GROUP, INC.","filed_at":"2023-09-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.895363+00:00","generated_at":"2026-06-10T09:28:22.059085+00:00","sec_items":["7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Penske Automotive and Hedin Mobility submit revised 32p/share non-binding bid for Pendragon PLC","bullets":["PAG International (Penske) and Hedin Mobility jointly propose 32 pence per share cash for all Pendragon shares.","Proposal is non-binding and subject to due diligence, antitrust approvals, and external debt financing.","Pendragon board will consider the revised proposal; existing Lithia Motors acquisition deal with shareholder vote on 6 Oct remains.","Approximately 28.8% of Pendragon shareholders irrevocably committed to Lithia deal; 11.5% released if firm bid recommended.","Deadline for firm offer under UK Takeover Code is 5pm on 18 October 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001019849-23-000137","json":"https://secwatch.observer/filing/0001019849-23-000137.json","markdown":"https://secwatch.observer/filing/0001019849-23-000137.md","text":"https://secwatch.observer/filing/0001019849-23-000137.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1019849/000101984923000137/0001019849-23-000137-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1019849/000101984923000137/pag-20230922.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T09:28:22.059085+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}