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Each morning you get the ones worth your time right now: who to reach, why now, and who you already know there. Now it answers in Claude too: ask for today’s leads, then write the note in the same window.
Trusted by
Acquiring Company
Motown Acquisition
Acquired Company
Penske Corporation
DelawareBloomfield HillsOil And GasAutomotiveOil And GasTransportationAutomotiveMotor Vehicle ManufacturingDescription
On October 15, 2026, Motown Acquisition Corp. entered a definitive merger agreement to acquire Penske Automotive Group, Inc. Shareholders will receive $212.00 per share in cash. The merger consideration includes a provision for eligible outstanding equity awards. The Board of Penske Automotive unanimously approved the agreement.
Fundz sees it the moment Motown Acquisition makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired Penske Corporation?
Penske Corporation was acquired by Motown Acquisition, based in Delaware. The deal was reported on October 15, 2026. Motown Acquisition Corp. is an entity owned by Penske Corporation and Mitsui & Co., Ltd. It is involved in acquiring companies and assets for strategic growth. The firm operates within the automotive sector. Motown Acquisition is privately held and operates in Oil And Gas.
When did Motown Acquisition acquire Penske Corporation?
Motown Acquisition's acquisition of Penske Corporation was reported on October 15, 2026. On October 15, 2026, Motown Acquisition Corp. entered a definitive merger agreement to acquire Penske Automotive Group, Inc. Shareholders will receive $212.00 per share in cash. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Penske Corporation do?
Penske Corporation is a diversified transportation services company. It manages various automotive retail operations and has significant ownership in several automotive related businesses. It is publicly traded (PAG), operating in Oil And Gas, and is based in Bloomfield Hills.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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