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Prospect News home > News index > List of issuers A > Headlines for AutoNation, Inc. > News item
Published on 5/13/2008 in the Prospect News Special Situations Daily.

ESL buys 2.21 million shares of AutoNation

By Lisa Kerner

Charlotte, N.C., May 13 - ESL Partners, LP purchased 2,206,553 additional shares of AutoNation, Inc. common stock for a total of $35.44 million, increasing its ownership of the company to 38.7% from 37.2%.

The shares were purchased between April 28 and May 9, it was reported in a schedule 13D filing with the Securities and Exchange Commission.

ESL now beneficially owns 69,133,074 shares of the Fort Lauderdale, Fla., auto retailers' outstanding stock.


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