Dive into Penske Corp. and Mitsui’s proposal to take Penske Automotive public

Penske Corp. and Mitsui & Co. on July 22 offered $3.8 billion to buy the approximately 28 percent of Penske Automotive Group Inc.

Penske Corp. and Mitsui & Co. on July 22 offered $3.8 billion to buy the approximately 28 percent of Penske Automotive Group Inc. stock they don’t own.