December 1, 2016 / 12:20 PM / a year ago

BRIEF-Penske Automotive signs agreement to acquire CarSense

Dec 1 (Reuters) - Penske Automotive Group Inc :

* Penske Automotive signs agreement to acquire CarSense

* Penske Automotive Group Inc - acquisition is expected to generate estimated annual revenue of approximately $350 million

* Aquisition sees accretion estimated to be $0.07 to $0.09 per share on an annualized basis Source text for Eikon: Further company coverage:

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