Penske Media Corp.

“Penske Automotive Group (NYSE: PAG) agreed to go private for $16.3b, via a joint entity owned by Penske Corp. and Mitsui & Co.”

“Google won dismissal of antitrust lawsuits from Chegg and Penske Media, dealing a setback to publishers trying to use competition law to preserve the old bargain in which search engines index their content and send traffic back in return.”

“The pact makes PMC the world's largest digital publisher.”