SC 13D/A
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 22)*
AutoNation, Inc.
 
(Name of Issuer)
Common Stock, par value $0.01 per share
 
(Title of Class of Securities)
05329W102
 
(CUSIP Number)
John G. Finley, Esq.
Simpson Thacher & Bartlett LLP
425 Lexington Avenue
New York, New York 10017
(212) 455-2000
 
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
May 28, 2008
 
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.
* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
 
 

Page 1 of 26 Pages


 

                     
CUSIP No.
 
05329W102
  PAGE  
  2  
  OF   
  26  

 

           
1   NAME OF REPORTING PERSON

ESL Partners, L.P. 
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS
   
  WC
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   52,376,162
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   52,376,162
       
WITH 10   SHARED DISPOSITIVE POWER
     
    0
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  71,245,674
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  39.9%
     
14   TYPE OF REPORTING PERSON
   
  PN


 

                     
CUSIP No.
 
05329W102
  PAGE  
  3  
  OF   
  26  

 

           
1   NAME OF REPORTING PERSON

ESL Institutional Partners, L.P.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS
   
  N/A
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   221,701
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   221,701
       
WITH 10   SHARED DISPOSITIVE POWER
     
    0
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  71,245,674
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  39.9%
     
14   TYPE OF REPORTING PERSON
   
  PN


 

                     
CUSIP No.
 
05329W102
  PAGE  
  4  
  OF   
  26  

 

           
1   NAME OF REPORTING PERSON

ESL Investors, L.L.C.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS
   
  WC
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   10,116,107
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   10,116,107
       
WITH 10   SHARED DISPOSITIVE POWER
     
    0
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  71,245,674
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  39.9%
     
14   TYPE OF REPORTING PERSON
   
  OO


 

                     
CUSIP No.
 
05329W102
  PAGE  
  5  
  OF   
  26  

 

           
1   NAME OF REPORTING PERSON

ESL Investments, Inc.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS
   
  N/A
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   70,881,304
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   70,881,304
       
WITH 10   SHARED DISPOSITIVE POWER
     
    0
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  71,245,674
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  39.9%
     
14   TYPE OF REPORTING PERSON
   
  CO


 

                     
CUSIP No.
 
05329W102
  PAGE  
  6  
  OF   
  26  

 

           
1   NAME OF REPORTING PERSON

CBL Partners, L.P.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS
   
  N/A
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   5,712,083
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   5,712,083
       
WITH 10   SHARED DISPOSITIVE POWER
     
    0
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  71,245,674
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  39.9%
     
14   TYPE OF REPORTING PERSON
   
  PN


 

                     
CUSIP No.
 
05329W102
  PAGE  
  7  
  OF   
  26  

 

           
1   NAME OF REPORTING PERSON

Tynan, LLC
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS
   
  N/A
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   2,406
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   2,406
       
WITH 10   SHARED DISPOSITIVE POWER
     
    0
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  71,245,674
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  39.9%
     
14   TYPE OF REPORTING PERSON
   
  OO


 

                     
CUSIP No.
 
05329W102
  PAGE  
  8  
  OF   
  26  

 

           
1   NAME OF REPORTING PERSON

ESL Investment Management, L.P.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS
   
  N/A
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   61,964
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   61,964
       
WITH 10   SHARED DISPOSITIVE POWER
     
    0
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  71,245,674
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  39.9%
     
14   TYPE OF REPORTING PERSON
   
  PN


 

                     
CUSIP No.
 
05329W102
  PAGE  
  9  
  OF   
  26  

 

           
1   NAME OF REPORTING PERSON

RBS Partners, L.P.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS
   
  N/A
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   64,947,520
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   64,947,520
       
WITH 10   SHARED DISPOSITIVE POWER
     
    0
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  71,245,674
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  39.9%
     
14   TYPE OF REPORTING PERSON
   
  PN


 

                     
CUSIP No.
 
05329W102
  PAGE  
  10  
  OF   
  26  

 

           
1   NAME OF REPORTING PERSON

RBS Investment Management, L.L.C.
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS
   
  N/A
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Delaware
       
  7   SOLE VOTING POWER
     
NUMBER OF   221,701
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   221,701
       
WITH 10   SHARED DISPOSITIVE POWER
     
    0
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  71,245,674
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  39.9%
     
14   TYPE OF REPORTING PERSON
   
  OO


 

                     
CUSIP No.
 
05329W102
  PAGE  
  11  
  OF   
  26  

 

           
1   NAME OF REPORTING PERSON

Edward S. Lampert
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS
   
  N/A
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States
       
  7   SOLE VOTING POWER
     
NUMBER OF   71,073,268
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   71,073,268
       
WITH 10   SHARED DISPOSITIVE POWER
     
    0
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  71,245,674
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  39.9%
     
14   TYPE OF REPORTING PERSON
   
  IN


 

                     
CUSIP No.
 
05329W102
  PAGE  
  12  
  OF   
  26  

 

           
1   NAME OF REPORTING PERSON

William C. Crowley
     
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

  (a)   þ 
  (b)   o 
     
3   SEC USE ONLY
   
   
     
4   SOURCE OF FUNDS
   
  N/A
     
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)
   
  o
     
6   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States
       
  7   SOLE VOTING POWER
     
NUMBER OF   172,406
       
SHARES 8   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   0
       
EACH 9   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   172,406
       
WITH 10   SHARED DISPOSITIVE POWER
     
    0
     
11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  71,245,674
     
12   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
   
  o
     
13   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
   
  39.9%
     
14   TYPE OF REPORTING PERSON
   
  IN


 

PAGE 13 OF 26
     This Amendment No. 22 to Schedule 13D (this “Amendment”) relates to shares of common stock, par value $0.01 per share (“Shares”), of AutoNation, Inc. (the “Issuer”). This Amendment No. 22 supplementally amends the statement on Schedule 13D, as amended, filed by a group consisting of ESL Partners, L.P., a Delaware limited partnership (“ESL”), ESL Institutional Partners, L.P., a Delaware limited partnership (“Institutional”), ESL Investors, L.L.C., a Delaware limited liability company (“Investors”), ESL Investments, Inc. (“Investments”), CBL Partners, L.P., a Delaware limited partnership (“CBL”), Tynan, LLC (“Tynan”), ESL Investment Management, L.P., a Delaware limited partnership (“ESLIM”), RBS Partners, L.P., a Delaware limited partnership (“RBS”), RBS Investment Management, L.L.C., a Delaware limited liability company (“RBSIM”), Edward S. Lampert, and William C. Crowley, both United States citizens, by furnishing the information set forth below. ESL, Institutional, Investors, Investments, CBL, Tynan, ESLIM, RBS, RBSIM, Mr. Lampert and Mr. Crowley are collectively defined in this Amendment as the “Filing Persons.” Unless set forth below, all previous Items are unchanged. Capitalized terms used herein which are not defined herein have the meanings given to them in the Schedule 13D, as amended, previously filed with the Securities and Exchange Commission.
     The Filing Persons are filing this Amendment No. 22 to report that the number of Shares that they may be deemed to beneficially own has increased by an amount greater than one percent of the outstanding Shares of the Issuer.
Item 3. Source and Amount of Funds or Other Consideration
Item 3 is supplemented as follows:
     In open market purchases on May 16, 2008, May 22, 2008, May 23, 2008, May 27, 2008 and May 28, 2008, ESL acquired an aggregate of 1,764,164 shares for aggregate consideration of approximately $27,804,961 using working capital. In open market purchases on May 16, 2008, May 22, 2008, May 23, 2008, May 27, 2008 and May 28, 2008, an account established by the investment member of Investors acquired 348,436 shares for aggregate consideration of approximately $5,489,539 using working capital.
Item 5. Interest in Securities of the Issuer
Item 5 is hereby amended and restated in its entirety to read as follows:
     (a)-(b) The Filing Persons may be deemed to beneficially own an aggregate of 71,245,674 Shares (approximately 39.9% of the outstanding Shares based on the Issuer having 178,535,962 Shares outstanding on April 21, 2008, as disclosed in the Issuer’s last quarterly report on Form 10-Q).
                                                 
    NUMBER OF   PERCENTAGE                
    SHARES   OF   SOLE   SHARED   SOLE   SHARED
REPORTING   BENEFICIALLY   OUTSTANDING   VOTING   VOTING   DISPOSITIVE   DISPOSITIVE
PERSON   OWNED   SHARES   POWER   POWER   POWER   POWER
ESL Partners, L.P.
    71,245,674 (1)     39.9 %     52,376,162       0       52,376,162       0  
ESL Institutional Partners, L.P.
    71,245,674 (1)     39.9 %     221,701       0       221,701       0  
ESL Investors, L.L.C.
    71,245,674 (1)     39.9 %     10,116,107       0       10,116,107       0  
ESL Investments, Inc.
    71,245,674 (1)     39.9 %     70,881,304 (2)     0       70,881,304 (2)     0  
CBL Partners, L.P.
    71,245,674 (1)     39.9 %     5,712,083       0       5,712,083       0  
Tynan, LLC
    71,245,674 (1)     39.9 %     2,406       0       2,406       0  
ESL Investment Management, L.P.
    71,245,674 (1)     39.9 %     61,964       0       61,964       0  

 


 

PAGE 14 OF 26
                                                 
    NUMBER OF   PERCENTAGE                
    SHARES   OF   SOLE   SHARED   SOLE   SHARED
REPORTING   BENEFICIALLY   OUTSTANDING   VOTING   VOTING   DISPOSITIVE   DISPOSITIVE
PERSON   OWNED   SHARES   POWER   POWER   POWER   POWER
RBS Partners, L.P.
    71,245,674 (1)     39.9 %     64,947,520 (3)     0       64,947,520 (3)     0  
RBS Investment Management, L.L.C.
    71,245,674 (1)     39.9 %     221,701 (4)     0       221,701 (4)     0  
Edward S. Lampert
    71,245,674 (1)     39.9 %     71,073,268 (5)     0       71,073,268 (5)     0  
William C. Crowley
    71,245,674 (1)     39.9 %     172,406 (6)     0       172,406 (6)     0  
 
(1)    This number consists of 52,376,162 Shares held by ESL, 221,701 Shares held by Institutional, 10,116,107 Shares held in an account established by the investment member of Investors, 5,712,083 Shares held by CBL, 2,406 Shares held by Tynan, 61,964 Shares held by ESLIM, 2,455,251 Shares held by RBS, 130,000 Shares held by Mr. Lampert and 170,000 Shares issuable upon the exercise of director stock options held by Mr. Crowley.
(2)    This number consists of 52,376,162 Shares held by ESL, 221,701 Shares held by Institutional, 10,116,107 Shares held in an account established by the investment member of Investors, 5,712,083 Shares held by CBL and 2,455,251 Shares held by RBS.
(3)    This number consists of 52,376,162 Shares held by ESL, 10,116,107 Shares held in an account established by the investment member of Investors and 2,455,251 Shares held by RBS.
(4)    This number consists of 221,701 Shares held by Institutional.
(5)    This number consists of 52,376,162 Shares held by ESL, 221,701 Shares held by Institutional, 10,116,107 Shares held in an account established by the investment member of Investors, 5,712,083 Shares held by CBL, 61,964 Shares held by ESLIM, 2,455,251 Shares held by RBS and 130,000 Shares held by Mr. Lampert.
(6)    This number consists of 2,406 Shares held by Tynan and 170,000 Shares issuable upon the exercise of director stock options held by Mr. Crowley.
     (c) Other than as set forth in Annex A hereto, there have been no transactions in Shares by any of the Filing Persons since May 12, 2008, the date of the last Amendment on Schedule 13D by the Filing Persons.
     (d) Not applicable.
     (e) Not applicable.

 


 

PAGE 15 OF 26
SIGNATURE
     After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Dated: May 29, 2008
ESL PARTNERS, L.P.
By: RBS Partners, L.P., as its general partner
By: ESL Investments, Inc., as its general partner
         
  By:   /s/ Adrian J. Maizey    
    Name:   Adrian J. Maizey   
    Title:   Chief Financial Officer   
ESL INSTITUTIONAL PARTNERS, L.P.
By: RBS Investment Management, L.L.C., as its general partner
By: ESL Investments, Inc., as its manager
         
  By:   /s/ Adrian J. Maizey    
    Name:   Adrian J. Maizey   
    Title:   Chief Financial Officer   
ESL INVESTORS, L.L.C.
By: RBS Partners, L.P., as its manager
By: ESL Investments, Inc., as its general partner
         
  By:   /s/ Adrian J. Maizey    
    Name:   Adrian J. Maizey   
    Title:   Chief Financial Officer   
         
  ESL INVESTMENTS, INC.
 
 
  By:   /s/ Adrian J. Maizey    
    Name:   Adrian J. Maizey   
    Title:   Chief Financial Officer   

 


 

PAGE 16 OF 26
CBL PARTNERS, L.P.
By: ESL Investments, Inc., as its general partner
         
  By:   /s/ Adrian J. Maizey    
    Name:   Adrian J. Maizey   
    Title:   Chief Financial Officer   
         
  TYNAN, LLC
 
 
  By:   /s/ William C. Crowley    
    Name:   William C. Crowley   
    Title:   Member   
ESL INVESTMENT MANAGEMENT, L.P.
By: ESL INVESTMENT MANAGEMENT (GP), L.L.C., its general partner
         
  By:   /s/ Edward S. Lampert    
    Name:   Edward S. Lampert   
    Title:   Managing Member   
RBS PARTNERS, L.P.
By: ESL Investments, Inc., as its general partner
         
  By:   /s/ Adrian J. Maizey    
    Name:   Adrian J. Maizey   
    Title:   Chief Financial Officer   
RBS INVESTMENT MANAGEMENT, L.L.C.
By: ESL Investments, Inc., as its manager
         
  By:   /s/ Adrian J. Maizey    
    Name:   Adrian J. Maizey   
    Title:   Chief Financial Officer   
         
  EDWARD S. LAMPERT    
 
  /s/ Edward S. Lampert    
  Edward S. Lampert   
         
  WILLIAM C. CROWLEY
 
 
  /s/ William C. Crowley    
  William C. Crowley   
     

 


 

PAGE 17 OF 26
ANNEX A
RECENT TRANSACTIONS BY THE FILING PERSONS IN THE SECURITIES OF AUTONATION, INC.
                         
    Date of   Nature of   Number of Shares   Price per
Entity   Transaction   Transaction   of Common Stock   Share
ESL Partners, L.P.
  5/16/2008   open market purchase     1,512 (1)   $ 16.14  
ESL Partners, L.P.
  5/16/2008   open market purchase     22,008 (1)   $ 16.15  
ESL Partners, L.P.
  5/16/2008   open market purchase     420 (1)   $ 16.17  
ESL Partners, L.P.
  5/16/2008   open market purchase     30,072 (1)   $ 16.20  
ESL Partners, L.P.
  5/16/2008   open market purchase     10,566 (1)   $ 16.22  
ESL Partners, L.P.
  5/16/2008   open market purchase     840 (1)   $ 16.23  
ESL Partners, L.P.
  5/16/2008   open market purchase     2,940 (1)   $ 16.24  
ESL Partners, L.P.
  5/16/2008   open market purchase     53,946 (1)   $ 16.25  
ESL Investors, L.L.C.
  5/16/2008   open market purchase     288 (1)   $ 16.14  
ESL Investors, L.L.C.
  5/16/2008   open market purchase     4,192 (1)   $ 16.15  
ESL Investors, L.L.C.
  5/16/2008   open market purchase     80 (1)   $ 16.17  
ESL Investors, L.L.C.
  5/16/2008   open market purchase     5,728 (1)   $ 16.20  
ESL Investors, L.L.C.
  5/16/2008   open market purchase     2,013 (1)   $ 16.22  
ESL Investors, L.L.C.
  5/16/2008   open market purchase     160 (1)   $ 16.23  
ESL Investors, L.L.C.
  5/16/2008   open market purchase     560 (1)   $ 16.24  
ESL Investors, L.L.C.
  5/16/2008   open market purchase     10,275 (1)   $ 16.25  
ESL Partners, L.P.
  5/22/2008   open market purchase     42,000 (1)   $ 15.44  
ESL Partners, L.P.
  5/22/2008   open market purchase     1,762 (1)   $ 15.46  

 


 

PAGE 18 OF 26
                         
    Date of   Nature of   Number of Shares   Price per
Entity   Transaction   Transaction   of Common Stock   Share
ESL Partners, L.P.
  5/22/2008   open market purchase     168 (1)   $ 15.49  
ESL Partners, L.P.
  5/22/2008   open market purchase     16,800 (1)   $ 15.50  
ESL Partners, L.P.
  5/22/2008   open market purchase     3,510 (1)   $ 15.57  
ESL Partners, L.P.
  5/22/2008   open market purchase     2,352 (1)   $ 15.60  
ESL Partners, L.P.
  5/22/2008   open market purchase     8,064 (1)   $ 15.61  
ESL Partners, L.P.
  5/22/2008   open market purchase     27,320 (1)   $ 15.62  
ESL Partners, L.P.
  5/22/2008   open market purchase     84 (1)   $ 15.625  
ESL Partners, L.P.
  5/22/2008   open market purchase     2,016 (1)   $ 15.63  
ESL Partners, L.P.
  5/22/2008   open market purchase     2,016 (1)   $ 15.70  
ESL Partners, L.P.
  5/22/2008   open market purchase     7,224 (1)   $ 15.74  
ESL Partners, L.P.
  5/22/2008   open market purchase     84 (1)   $ 15.745  
ESL Partners, L.P.
  5/22/2008   open market purchase     10,416 (1)   $ 15.75  
ESL Partners, L.P.
  5/22/2008   open market purchase     58,716 (1)   $ 15.80  
ESL Partners, L.P.
  5/22/2008   open market purchase     12,768 (1)   $ 15.81  
ESL Partners, L.P.
  5/22/2008   open market purchase     168 (1)   $ 15.82  
ESL Partners, L.P.
  5/22/2008   open market purchase     84 (1)   $ 15.83  
ESL Partners, L.P.
  5/22/2008   open market purchase     252 (1)   $ 15.84  
ESL Partners, L.P.
  5/22/2008   open market purchase     22,428 (1)   $ 15.85  
ESL Partners, L.P.
  5/22/2008   open market purchase     588 (1)   $ 15.87  
ESL Partners, L.P.
  5/22/2008   open market purchase     5,796 (1)   $ 15.88  
ESL Partners, L.P.
  5/22/2008   open market purchase     2,688 (1)   $ 15.89  

 


 

PAGE 19 OF 26
                         
    Date of   Nature of   Number of Shares   Price per
Entity   Transaction   Transaction   of Common Stock   Share
ESL Partners, L.P.
  5/22/2008   open market purchase     83,494 (1)   $ 15.90  
ESL Partners, L.P.
  5/22/2008   open market purchase     168 (1)   $ 15.935  
ESL Partners, L.P.
  5/22/2008   open market purchase     4,872 (1)   $ 15.94  
ESL Partners, L.P.
  5/22/2008   open market purchase     23,016 (1)   $ 15.95  
ESL Partners, L.P.
  5/22/2008   open market purchase     19,908 (1)   $ 15.96  
ESL Partners, L.P.
  5/22/2008   open market purchase     28,980 (1)   $ 15.97  
ESL Partners, L.P.
  5/22/2008   open market purchase     27,134 (1)   $ 15.98  
ESL Partners, L.P.
  5/22/2008   open market purchase     13,356 (1)   $ 15.99  
ESL Partners, L.P.
  5/22/2008   open market purchase     9,408 (1)   $ 16.00  
ESL Investors, L.L.C.
  5/22/2008   open market purchase     8,000 (1)   $ 15.44  
ESL Investors, L.L.C.
  5/22/2008   open market purchase     336 (1)   $ 15.46  
ESL Investors, L.L.C.
  5/22/2008   open market purchase     32 (1)   $ 15.49  
ESL Investors, L.L.C.
  5/22/2008   open market purchase     3,200 (1)   $ 15.50  
ESL Investors, L.L.C.
  5/22/2008   open market purchase     668 (1)   $ 15.57  
ESL Investors, L.L.C.
  5/22/2008   open market purchase     448 (1)   $ 15.60  
ESL Investors, L.L.C.
  5/22/2008   open market purchase     1,536 (1)   $ 15.61  
ESL Investors, L.L.C.
  5/22/2008   open market purchase     5,204 (1)   $ 15.62  
ESL Investors, L.L.C.
  5/22/2008   open market purchase     16 (1)   $ 15.625  
ESL Investors, L.L.C.
  5/22/2008   open market purchase     384 (1)   $ 15.63  
ESL Investors, L.L.C.
  5/22/2008   open market purchase     384 (1)   $ 15.70  
ESL Investors, L.L.C.
  5/22/2008   open market purchase     1,376 (1)   $ 15.74  
ESL Investors, L.L.C.
  5/22/2008   open market purchase     16 (1)   $ 15.745  

 


 

PAGE 20 OF 26
                         
    Date of   Nature of   Number of Shares   Price per
Entity   Transaction   Transaction   of Common Stock   Share
ESL Investors, L.L.C.
  5/22/2008   open market purchase     1,984 (1)   $ 15.75  
ESL Investors, L.L.C.
  5/22/2008   open market purchase     11,184 (1)   $ 15.80  
ESL Investors, L.L.C.
  5/22/2008   open market purchase     2,432 (1)   $ 15.81  
ESL Investors, L.L.C.
  5/22/2008   open market purchase     32 (1)   $ 15.82  
ESL Investors, L.L.C.
  5/22/2008   open market purchase     16 (1)   $ 15.83  
ESL Investors, L.L.C.
  5/22/2008   open market purchase     48 (1)   $ 15.84  
ESL Investors, L.L.C.
  5/22/2008   open market purchase     4,272 (1)   $ 15.85  
ESL Investors, L.L.C.
  5/22/2008   open market purchase     112 (1)   $ 15.87  
ESL Investors, L.L.C.
  5/22/2008   open market purchase     1,104 (1)   $ 15.88  
ESL Investors, L.L.C.
  5/22/2008   open market purchase     512 (1)   $ 15.89  
ESL Investors, L.L.C.
  5/22/2008   open market purchase     15,904 (1)   $ 15.90  
ESL Investors, L.L.C.
  5/22/2008   open market purchase     32 (1)   $ 15.935  
ESL Investors, L.L.C.
  5/22/2008   open market purchase     928 (1)   $ 15.94  
ESL Investors, L.L.C.
  5/22/2008   open market purchase     4,384 (1)   $ 15.95  
ESL Investors, L.L.C.
  5/22/2008   open market purchase     3,792 (1)   $ 15.96  
ESL Investors, L.L.C.
  5/22/2008   open market purchase     5,520 (1)   $ 15.97  
ESL Investors, L.L.C.
  5/22/2008   open market purchase     5,168 (1)   $ 15.98  
ESL Investors, L.L.C.
  5/22/2008   open market purchase     2,544 (1)   $ 15.99  
ESL Investors, L.L.C.
  5/22/2008   open market purchase     1,792 (1)   $ 16.00  
ESL Partners, L.P.
  5/23/2008   open market purchase     6,724 (1)   $ 15.40  
ESL Partners, L.P.
  5/23/2008   open market purchase     8,416 (1)   $ 15.41  

 


 

PAGE 21 OF 26
                         
    Date of   Nature of   Number of Shares   Price per
Entity   Transaction   Transaction   of Common Stock   Share
ESL Partners, L.P.
  5/23/2008   open market purchase     12,084 (1)   $ 15.42  
ESL Partners, L.P.
  5/23/2008   open market purchase     2,870 (1)   $ 15.43  
ESL Partners, L.P.
  5/23/2008   open market purchase     4,510 (1)   $ 15.45  
ESL Partners, L.P.
  5/23/2008   open market purchase     82 (1)   $ 15.49  
ESL Partners, L.P.
  5/23/2008   open market purchase     164 (1)   $ 15.50  
ESL Partners, L.P.
  5/23/2008   open market purchase     3,000 (1)   $ 15.51  
ESL Partners, L.P.
  5/23/2008   open market purchase     9,676 (1)   $ 15.52  
ESL Partners, L.P.
  5/23/2008   open market purchase     3,444 (1)   $ 15.53  
ESL Partners, L.P.
  5/23/2008   open market purchase     12,054 (1)   $ 15.54  
ESL Partners, L.P.
  5/23/2008   open market purchase     62,764 (1)   $ 15.55  
ESL Partners, L.P.
  5/23/2008   open market purchase     7,872 (1)   $ 15.56  
ESL Partners, L.P.
  5/23/2008   open market purchase     18,450 (1)   $ 15.57  
ESL Partners, L.P.
  5/23/2008   open market purchase     16,892 (1)   $ 15.58  
ESL Partners, L.P.
  5/23/2008   open market purchase     6,888 (1)   $ 15.59  
ESL Partners, L.P.
  5/23/2008   open market purchase     129,642 (1)   $ 15.60  
ESL Partners, L.P.
  5/23/2008   open market purchase     6,806 (1)   $ 15.61  
ESL Partners, L.P.
  5/23/2008   open market purchase     7,052 (1)   $ 15.62  
ESL Partners, L.P.
  5/23/2008   open market purchase     4,838 (1)   $ 15.63  
ESL Partners, L.P.
  5/23/2008   open market purchase     24,846 (1)   $ 15.64  
ESL Partners, L.P.
  5/23/2008   open market purchase     31,816 (1)   $ 15.65  
ESL Partners, L.P.
  5/23/2008   open market purchase     4,756 (1)   $ 15.67  
ESL Partners, L.P.
  5/23/2008   open market purchase     5,822 (1)   $ 15.68  
ESL Partners, L.P.
  5/23/2008   open market purchase     2,542 (1)   $ 15.69  
ESL Partners, L.P.
  5/23/2008   open market purchase     33,210 (1)   $ 15.70  
ESL Investors, L.L.C.
  5/23/2008   open market purchase     1,476 (1)   $ 15.40  
ESL Investors, L.L.C.
  5/23/2008   open market purchase     1,847 (1)   $ 15.41  

 


 

PAGE 22 OF 26
                         
    Date of   Nature of   Number of Shares   Price per
Entity   Transaction   Transaction   of Common Stock   Share
ESL Investors, L.L.C.
  5/23/2008   open market purchase     2,653 (1)   $ 15.42  
ESL Investors, L.L.C.
  5/23/2008   open market purchase     630 (1)   $ 15.43  
ESL Investors, L.L.C.
  5/23/2008   open market purchase     990 (1)   $ 15.45  
ESL Investors, L.L.C.
  5/23/2008   open market purchase     18 (1)   $ 15.49  
ESL Investors, L.L.C.
  5/23/2008   open market purchase     36 (1)   $ 15.50  
ESL Investors, L.L.C.
  5/23/2008   open market purchase     658 (1)   $ 15.51  
ESL Investors, L.L.C.
  5/23/2008   open market purchase     2,124 (1)   $ 15.52  
ESL Investors, L.L.C.
  5/23/2008   open market purchase     756 (1)   $ 15.53  
ESL Investors, L.L.C.
  5/23/2008   open market purchase     2,646 (1)   $ 15.54  
ESL Investors, L.L.C.
  5/23/2008   open market purchase     13,778 (1)   $ 15.55  
ESL Investors, L.L.C.
  5/23/2008   open market purchase     1,728 (1)   $ 15.56  
ESL Investors, L.L.C.
  5/23/2008   open market purchase     4,050 (1)   $ 15.57  
ESL Investors, L.L.C.
  5/23/2008   open market purchase     3,708 (1)   $ 15.58  
ESL Investors, L.L.C.
  5/23/2008   open market purchase     1,512 (1)   $ 15.59  
ESL Investors, L.L.C.
  5/23/2008   open market purchase     28,458 (1)   $ 15.60  
ESL Investors, L.L.C.
  5/23/2008   open market purchase     1,494 (1)   $ 15.61  
ESL Investors, L.L.C.
  5/23/2008   open market purchase     1,548 (1)   $ 15.62  
ESL Investors, L.L.C.
  5/23/2008   open market purchase     1,062 (1)   $ 15.63  
ESL Investors, L.L.C.
  5/23/2008   open market purchase     5,454 (1)   $ 15.64  
ESL Investors, L.L.C.
  5/23/2008   open market purchase     6,984 (1)   $ 15.65  

 


 

PAGE 23 OF 26
                         
    Date of   Nature of   Number of Shares   Price per
Entity   Transaction   Transaction   of Common Stock   Share
ESL Investors, L.L.C.
  5/23/2008   open market purchase     1,044 (1)   $ 15.67  
ESL Investors, L.L.C.
  5/23/2008   open market purchase     1,278 (1)   $ 15.68  
ESL Investors, L.L.C.
  5/23/2008   open market purchase     558 (1)   $ 15.69  
ESL Investors, L.L.C.
  5/23/2008   open market purchase     7,290 (1)   $ 15.70  
ESL Partners, L.P.
  5/27/2008   open market purchase     19,068 (1)   $ 15.60  
ESL Partners, L.P.
  5/27/2008   open market purchase     168 (1)   $ 15.625  
ESL Partners, L.P.
  5/27/2008   open market purchase     3,855 (1)   $ 15.63  
ESL Partners, L.P.
  5/27/2008   open market purchase     5,628 (1)   $ 15.64  
ESL Partners, L.P.
  5/27/2008   open market purchase     28,905 (1)   $ 15.65  
ESL Partners, L.P.
  5/27/2008   open market purchase     1,932 (1)   $ 15.68  
ESL Partners, L.P.
  5/27/2008   open market purchase     2,940 (1)   $ 15.69  
ESL Partners, L.P.
  5/27/2008   open market purchase     58,128 (1)   $ 15.70  
ESL Partners, L.P.
  5/27/2008   open market purchase     8,652 (1)   $ 15.76  
ESL Partners, L.P.
  5/27/2008   open market purchase     30,072 (1)   $ 15.77  
ESL Partners, L.P.
  5/27/2008   open market purchase     3,276 (1)   $ 15.78  
ESL Partners, L.P.
  5/27/2008   open market purchase     5,712 (1)   $ 15.79  
ESL Partners, L.P.
  5/27/2008   open market purchase     49,644 (1)   $ 15.80  
ESL Partners, L.P.
  5/27/2008   open market purchase     420 (1)   $ 15.81  
ESL Partners, L.P.
  5/27/2008   open market purchase     504 (1)   $ 15.82  
ESL Partners, L.P.
  5/27/2008   open market purchase     11,256 (1)   $ 15.84  
ESL Partners, L.P.
  5/27/2008   open market purchase     89,880 (1)   $ 15.85  
ESL Partners, L.P.
  5/27/2008   open market purchase     3,696 (1)   $ 15.86  
ESL Partners, L.P.
  5/27/2008   open market purchase     4,284 (1)   $ 15.87  
ESL Partners, L.P.
  5/27/2008   open market purchase     168 (1)   $ 15.88  
ESL Partners, L.P.
  5/27/2008   open market purchase     14,616 (1)   $ 15.89  

 


 

PAGE 24 OF 26
                         
    Date of   Nature of   Number of Shares   Price per
Entity   Transaction   Transaction   of Common Stock   Share
ESL Partners, L.P.
  5/27/2008   open market purchase     45,528 (1)   $ 15.90  
ESL Partners, L.P.
  5/27/2008   open market purchase     2,940 (1)   $ 15.95  
ESL Partners, L.P.
  5/27/2008   open market purchase     39,648 (1)   $ 16.00  
ESL Investors, L.L.C.
  5/27/2008   open market purchase     3,632 (1)   $ 15.60  
ESL Investors, L.L.C.
  5/27/2008   open market purchase     32 (1)   $ 15.625  
ESL Investors, L.L.C.
  5/27/2008   open market purchase     734 (1)   $ 15.63  
ESL Investors, L.L.C.
  5/27/2008   open market purchase     1,072 (1)   $ 15.64  
ESL Investors, L.L.C.
  5/27/2008   open market purchase     5,506 (1)   $ 15.65  
ESL Investors, L.L.C.
  5/27/2008   open market purchase     368 (1)   $ 15.68  
ESL Investors, L.L.C.
  5/27/2008   open market purchase     560 (1)   $ 15.69  
ESL Investors, L.L.C.
  5/27/2008   open market purchase     11,072 (1)   $ 15.70  
ESL Investors, L.L.C.
  5/27/2008   open market purchase     1,648 (1)   $ 15.76  
ESL Investors, L.L.C.
  5/27/2008   open market purchase     5,728 (1)   $ 15.77  
ESL Investors, L.L.C.
  5/27/2008   open market purchase     624 (1)   $ 15.78  
ESL Investors, L.L.C.
  5/27/2008   open market purchase     1,088 (1)   $ 15.79  
ESL Investors, L.L.C.
  5/27/2008   open market purchase     9,456 (1)   $ 15.80  
ESL Investors, L.L.C.
  5/27/2008   open market purchase     80 (1)   $ 15.81  
ESL Investors, L.L.C.
  5/27/2008   open market purchase     96 (1)   $ 15.82  
ESL Investors, L.L.C.
  5/27/2008   open market purchase     2,144 (1)   $ 15.84  
ESL Investors, L.L.C.
  5/27/2008   open market purchase     17,120 (1)   $ 15.85  
ESL Investors, L.L.C.
  5/27/2008   open market purchase     704 (1)   $ 15.86  
ESL Investors, L.L.C.
  5/27/2008   open market purchase     816 (1)   $ 15.87  

 


 

PAGE 25 OF 26
                         
    Date of   Nature of   Number of Shares   Price per
Entity   Transaction   Transaction   of Common Stock   Share
ESL Investors, L.L.C.
  5/27/2008   open market purchase     32 (1)   $ 15.88  
ESL Investors, L.L.C.
  5/27/2008   open market purchase     2,784 (1)   $ 15.89  
ESL Investors, L.L.C.
  5/27/2008   open market purchase     8,672 (1)   $ 15.90  
ESL Investors, L.L.C.
  5/27/2008   open market purchase     560 (1)   $ 15.95  
ESL Investors, L.L.C.
  5/27/2008   open market purchase     7,552 (1)   $ 16.00  
ESL Partners, L.P.
  5/28/2008   open market purchase     504 (1)   $ 15.62  
ESL Partners, L.P.
  5/28/2008   open market purchase     191,688 (1)   $ 15.75  
ESL Partners, L.P.
  5/28/2008   open market purchase     5,544 (1)   $ 15.74  
ESL Partners, L.P.
  5/28/2008   open market purchase     924 (1)   $ 15.73  
ESL Partners, L.P.
  5/28/2008   open market purchase     1,092 (1)   $ 15.70  
ESL Partners, L.P.
  5/28/2008   open market purchase     5,964 (1)   $ 15.72  
ESL Partners, L.P.
  5/28/2008   open market purchase     1,596 (1)   $ 15.71  
ESL Partners, L.P.
  5/28/2008   open market purchase     105,672 (1)   $ 15.65  
ESL Partners, L.P.
  5/28/2008   open market purchase     4,536 (1)   $ 15.64  
ESL Partners, L.P.
  5/28/2008   open market purchase     8,064 (1)   $ 15.63  
ESL Partners, L.P.
  5/28/2008   open market purchase     20,412 (1)   $ 15.60  
ESL Partners, L.P.
  5/28/2008   open market purchase     84 (1)   $ 15.61  
ESL Investors, L.L.C.
  5/28/2008   open market purchase     96 (1)   $ 15.62  
ESL Investors, L.L.C.
  5/28/2008   open market purchase     36,512 (1)   $ 15.75  
ESL Investors, L.L.C.
  5/28/2008   open market purchase     1,056 (1)   $ 15.74  
ESL Investors, L.L.C.
  5/28/2008   open market purchase     176 (1)   $ 15.73  
ESL Investors, L.L.C.
  5/28/2008   open market purchase     208 (1)   $ 15.70  
ESL Investors, L.L.C.
  5/28/2008   open market purchase     1,136 (1)   $ 15.72  

 


 

PAGE 26 OF 26
                         
    Date of   Nature of   Number of Shares   Price per
Entity   Transaction   Transaction   of Common Stock   Share
ESL Investors, L.L.C.
  5/28/2008   open market purchase     304 (1)   $ 15.71  
ESL Investors, L.L.C.
  5/28/2008   open market purchase     20,128 (1)   $ 15.65  
ESL Investors, L.L.C.
  5/28/2008   open market purchase     864 (1)   $ 15.64  
ESL Investors, L.L.C.
  5/28/2008   open market purchase     1,536 (1)   $ 15.63  
ESL Investors, L.L.C.
  5/28/2008   open market purchase     3,888 (1)   $ 15.60  
ESL Investors, L.L.C.
  5/28/2008   open market purchase     16 (1)   $ 15.61  
 
(1)     These Shares represent a portion of a single trade which was allocated between Partners and an account that was established by the investment member of Investors.