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Penske Automotive Group shares are trading higher after the company agreed to be taken private by Penske Corp. and Mitsui in a $16.3 billion deal and raised its quarterly dividend to $1.46 per share.

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  1. Brodsky & Smith

    BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Varonis Systems, Inc. (Nasdaq – VRNS), CCC Intelligent Solutions Holdings Inc. (Nasdaq – CCC), Bumble Inc. (Nasdaq – BMBL), Penske Automotive Group, Inc. (NYSE – PAG)

    Brodsky & Smith law firm announced investigations into four major merger transactions, examining whether the boards of Varonis Systems, CCC Intelligent Solutions, Bumble Inc., and Penske Automotive Group breached fiduciary duties by failing to conduct fair processes and potentially underpaying shareholders. The firm is seeking shareholders to discuss potential class action lawsuits.

    VRNSCCCBMBLPAG