Why minority shareholder opinion matters in bid to take Penske Automotive private

Penske Corp. owns the majority of Penske Automotive Group Inc. shares, but it's likely to listen to investors who own the 28 percent of stock Penske Corp.

Penske Corp. owns the majority of Penske Automotive Group Inc. shares, but it's likely to listen to investors who own the 28 percent of stock Penske Corp. and Mitsui & Co want to buy.