{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-049230","form_type":"8-K","ticker":"PAG","cik":"0001019849","company_name":"PENSKE AUTOMOTIVE GROUP, INC.","filed_at":"2026-07-22T21:15:12+00:00","discovered_at":"2026-07-22T21:16:00.319156+00:00","generated_at":"2026-07-22T21:16:06.822127+00:00","sec_items":["8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Penske Automotive receives $210/share take-private proposal from Penske Corp and Mitsui","bullets":["Proposal from Penske Corp and Mitsui to acquire remaining shares at $210/share cash.","Penske Corp and Mitsui currently own 72.6% of PAG outstanding common stock.","Implied equity value ~$13.8B, premium of 19.3% to 60-day VWAP and 25.4% to 90-day VWAP.","Board forms special committee of independent directors to evaluate the proposal.","No financing condition; PC-Mitsui highly confident in arranging debt financing."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-049230","json":"https://secwatch.observer/filing/0001628280-26-049230.json","markdown":"https://secwatch.observer/filing/0001628280-26-049230.md","text":"https://secwatch.observer/filing/0001628280-26-049230.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1019849/000162828026049230/0001628280-26-049230-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1019849/000162828026049230/pag-20260722.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-22T21:16:06.822127+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"}