{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-053042","form_type":"8-K","ticker":"PAG","cik":"0001019849","company_name":"PENSKE AUTOMOTIVE GROUP, INC.","filed_at":"2025-11-19T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.555716+00:00","generated_at":"2026-05-16T18:20:41.340112+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.78,"calibrated_materiality_score":0.78,"confidence":"high","headline":"Penske Automotive acquires 4 Toyota/Lexus dealerships for $519M; adds $1.5B annual revenue","bullets":["Purchased Longo Toyota, Longo Lexus, Lexus Stevens Creek, and Longo Toyota of Prosper for $519M.","Dealerships retailed over 28,000 new+used units in 2024; expected to add $1.5B annualized revenue.","Funding: $363.6M cash from existing credit + $155.8M seller note (4.5%, 3-year term).","Transaction approved by a special committee of independent directors; seller partly owned by Greg Penske (Vice Chair) affiliates.","Longo Toyota is #1 volume Toyota dealer in the U.S. for 58 consecutive years."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-053042","json":"https://secwatch.observer/filing/0001628280-25-053042.json","markdown":"https://secwatch.observer/filing/0001628280-25-053042.md","text":"https://secwatch.observer/filing/0001628280-25-053042.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1019849/000162828025053042/0001628280-25-053042-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1019849/000162828025053042/pag-20251119.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T18:20:41.340112+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"}