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+--- Thread: Automotive News Penske-Hedin bid for Pendragon rejected after Lithia acquisition announcement (/showthread.php?tid=7881)
Penske-Hedin bid for Pendragon rejected after Lithia acquisition announcement - Automotive News - 09-21-2023
Penske-Hedin bid for Pendragon rejected after Lithia acquisition announcement
<p>Days after Lithia Motors Inc. said it had agreed to a deal to acquire Pendragon's dealership and fleet businesses, Pendragon's board of directors rejected a joint offer from a Penske Automotive Group subsidiary and Hedin Mobility Group.</p>
https://www.autonews.com/dealers/penske-automotive-group-hedin-bid-pendragon-rejected