ESL Partners continues to build stake in AutoNation

By Angela McDaniels

Tacoma, Wash., March 13 - ESL Partners, LP purchased an additional 2,044,700 shares of AutoNation, Inc. common stock, increasing its ownership of the company to 37.2% from 36.0%.

The shares were priced from $13.73 to $14.25 each and were purchased from March 7 through March 11, according to a schedule 13D filing with the Securities and Exchange Commission.

ESL now beneficially owns 66,926,521 shares of the Fort Lauderdale, Fla., auto retailers' outstanding stock.

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