55.00002% of the outstanding shares are now held by Gates, Eddie Lampert and Todd Sullivan. 🙂
Microsoft Chairman Bill Gates has taken a 10% stake in car retailer AutoNation Inc., according to a regulatory filing Friday.
Gates’ investment firm, Cascade Investment LLC, owns 9.4 million shares, or 5.3 percent, and the Bill and Melinda Gates Foundation Trust holds 8.3 million shares, or 4.7 percent, according to the filing with the Securities and Exchange Commission.
In July, Gates disclosed a 5.5 percent stake in AutoNation, also through Cascade and his foundation trust, which together at the time held 9.9 million shares.
AutoNation’s largest shareholder is billionaire investor Edward S. Lampert who disclosed last week that his entities control about 45% company’s outstanding stock.
Disclosure (“none” means no position):Long AN
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