-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JzO/FT0XHKjpiBB7rtiq/YWtW4vHob7wmAVUZTN73iQhd+XKxRXK1MWmu4mSmg2c sIs7R366qIPaJ49fNCS7/g== 0000893750-06-000077.txt : 20060307 0000893750-06-000077.hdr.sgml : 20060307 20060307171227 ACCESSION NUMBER: 0000893750-06-000077 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20060307 DATE AS OF CHANGE: 20060307 GROUP MEMBERS: CBL PARTNERS, L.P. GROUP MEMBERS: EDWARD S. LAMPERT GROUP MEMBERS: ESL INSTITUTIONAL PARTNERS, L.P. GROUP MEMBERS: ESL INVESTMENT MANAGEMENT, LLC GROUP MEMBERS: ESL INVESTORS, L.L.C. GROUP MEMBERS: ESL PARTNERS, L.P. GROUP MEMBERS: TYNAN, LLC GROUP MEMBERS: WILLIAM C. CROWLEY SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AUTONATION INC /FL CENTRAL INDEX KEY: 0000350698 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-AUTO DEALERS & GASOLINE STATIONS [5500] IRS NUMBER: 731105145 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-40342 FILM NUMBER: 06670793 BUSINESS ADDRESS: STREET 1: 110 SE 6TH ST CITY: FT LAUDERDALE STATE: FL ZIP: 33301 BUSINESS PHONE: 9547696000 MAIL ADDRESS: STREET 1: 110 SE 6TH ST CITY: FT LAUDERDALE STATE: FL ZIP: 33301 FORMER COMPANY: FORMER CONFORMED NAME: REPUBLIC INDUSTRIES INC DATE OF NAME CHANGE: 19951215 FORMER COMPANY: FORMER CONFORMED NAME: REPUBLIC WASTE INDUSTRIES INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: REPUBLIC RESOURCES CORP DATE OF NAME CHANGE: 19900226 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ESL INVESTMENTS INC CENTRAL INDEX KEY: 0001126396 IRS NUMBER: 752435723 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 200 GREENWICH AVENUE CITY: GREENWICH STATE: CT ZIP: 06830 BUSINESS PHONE: 2038614600 MAIL ADDRESS: STREET 1: 200 GREENWICH AVENUE CITY: GREENWICH STATE: CT ZIP: 06830 SC 13D/A 1 sch13d_a.txt AMENDMENT NO. 8 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 8)* AutoNation, Inc. - ------------------------------------------------------------------------------ (Name of Issuer) Common Stock, par value $0.01 per share - ------------------------------------------------------------------------------ (Title of Class of Securities) 05329W102 - ------------------------------------------------------------------------------ (CUSIP Number) John G. Finley 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) March 6, 2006 - ------------------------------------------------------------------------------ (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 ss.ss.240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. [_] Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See ss.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 19 Pages Exhibit Index: Page 17 CUSIP No. 05329W102 PAGE 2 of 19 ________________________________________________________________________________ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON ESL Partners, L.P., a Delaware limited partnership IRS IDENTIFICATION NO.: 22-2875193 ________________________________________________________________________________ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) X (b) _ ________________________________________________________________________________ 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) [ ] ________________________________________________________________________________ 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware ________________________________________________________________________________ 7 SOLE VOTING POWER 50,593,284 ____________________________________________________________ 8 SHARED VOTING POWER NUMBER OF SHARES BENEFICIALLY 0 OWNED BY EACH ____________________________________________________________ REPORTING PERSON WITH 9 SOLE DISPOSITIVE POWER 50,593,284 ____________________________________________________________ 10 SHARED DISPOSITIVE POWER 0 ________________________________________________________________________________ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 77,321,800 ________________________________________________________________________________ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] ________________________________________________________________________________ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 29.4% ________________________________________________________________________________ 14 TYPE OF REPORTING PERSON PN ________________________________________________________________________________ CUSIP No. 05329W102 PAGE 3 of 19 ________________________________________________________________________________ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON ESL Institutional Partners, L.P., a Delaware limited partnership IRS IDENTIFICATION NO.: 06-1456821 ________________________________________________________________________________ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) X (b) _ ________________________________________________________________________________ 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) [ ] ________________________________________________________________________________ 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware ________________________________________________________________________________ 7 SOLE VOTING POWER 342,305 ____________________________________________________________ 8 SHARED VOTING POWER NUMBER OF SHARES BENEFICIALLY 0 OWNED BY EACH ____________________________________________________________ REPORTING PERSON WITH 9 SOLE DISPOSITIVE POWER 342,305 ____________________________________________________________ 10 SHARED DISPOSITIVE POWER 0 ________________________________________________________________________________ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 77,321,800 ________________________________________________________________________________ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] ________________________________________________________________________________ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 29.4% ________________________________________________________________________________ 14 TYPE OF REPORTING PERSON PN ________________________________________________________________________________ CUSIP No. 05329W102 PAGE 4 of 19 ________________________________________________________________________________ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON ESL Investors, L.L.C., a Delaware limited liability company IRS IDENTIFICATION NO.: 13-4095958 ________________________________________________________________________________ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) X (b) _ ________________________________________________________________________________ 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) [ ] ________________________________________________________________________________ 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware ________________________________________________________________________________ 7 SOLE VOTING POWER 17,025,197 ____________________________________________________________ 8 SHARED VOTING POWER NUMBER OF SHARES BENEFICIALLY 0 OWNED BY EACH ____________________________________________________________ REPORTING PERSON WITH 9 SOLE DISPOSITIVE POWER 17,025,197 ____________________________________________________________ 10 SHARED DISPOSITIVE POWER 0 ________________________________________________________________________________ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 77,321,800 ________________________________________________________________________________ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] ________________________________________________________________________________ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 29.4% ________________________________________________________________________________ 14 TYPE OF REPORTING PERSON OO ________________________________________________________________________________ CUSIP No. 05329W102 PAGE 5 of 19 ________________________________________________________________________________ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON ESL Investments, Inc., a Delaware corporation IRS IDENTIFICATION NO.: ________________________________________________________________________________ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) X (b) _ ________________________________________________________________________________ 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) [ ] ________________________________________________________________________________ 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware ________________________________________________________________________________ 7 SOLE VOTING POWER 182,235 ____________________________________________________________ 8 SHARED VOTING POWER NUMBER OF SHARES BENEFICIALLY 0 OWNED BY EACH ____________________________________________________________ REPORTING PERSON WITH 9 SOLE DISPOSITIVE POWER 182,235 ____________________________________________________________ 10 SHARED DISPOSITIVE POWER 0 ________________________________________________________________________________ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 77,321,800 ________________________________________________________________________________ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] ________________________________________________________________________________ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 29.4% ________________________________________________________________________________ 14 TYPE OF REPORTING PERSON CO ________________________________________________________________________________ CUSIP No. 05329W102 PAGE 6 of 19 ________________________________________________________________________________ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON CBL Partners, L.P., a Delaware limited partnership IRS IDENTIFICATION NO.: 06-1526810 ________________________________________________________________________________ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) X (b) _ ________________________________________________________________________________ 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) [ ] ________________________________________________________________________________ 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware ________________________________________________________________________________ 7 SOLE VOTING POWER 8,819,389 ____________________________________________________________ 8 SHARED VOTING POWER NUMBER OF SHARES BENEFICIALLY 0 OWNED BY EACH ____________________________________________________________ REPORTING PERSON WITH 9 SOLE DISPOSITIVE POWER 8,819,389 ____________________________________________________________ 10 SHARED DISPOSITIVE POWER 0 ________________________________________________________________________________ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 77,321,800 ________________________________________________________________________________ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] ________________________________________________________________________________ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 24.9% ________________________________________________________________________________ 14 TYPE OF REPORTING PERSON PN ________________________________________________________________________________ CUSIP No. 05329W102 PAGE 7 of 19 ________________________________________________________________________________ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Tynan, LLC, a Delaware limited liability company IRS IDENTIFICATION NO.: ________________________________________________________________________________ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) X (b) _ ________________________________________________________________________________ 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) [ ] ________________________________________________________________________________ 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware ________________________________________________________________________________ 7 SOLE VOTING POWER 3,717 ____________________________________________________________ 8 SHARED VOTING POWER NUMBER OF SHARES BENEFICIALLY 0 OWNED BY EACH ____________________________________________________________ REPORTING PERSON WITH 9 SOLE DISPOSITIVE POWER 3,717 ____________________________________________________________ 10 SHARED DISPOSITIVE POWER 0 ________________________________________________________________________________ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 77,321,800 ________________________________________________________________________________ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] ________________________________________________________________________________ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 29.4% ________________________________________________________________________________ 14 TYPE OF REPORTING PERSON OO ________________________________________________________________________________ CUSIP No. 05329W102 PAGE 8 of 19 ________________________________________________________________________________ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON ESL Investment Management, LLC, a Delaware limited liability company IRS IDENTIFICATION NO.: ________________________________________________________________________________ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) X (b) _ ________________________________________________________________________________ 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) [ ] ________________________________________________________________________________ 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware ________________________________________________________________________________ 7 SOLE VOTING POWER 95,673 ____________________________________________________________ 8 SHARED VOTING POWER NUMBER OF SHARES BENEFICIALLY 0 OWNED BY EACH ____________________________________________________________ REPORTING PERSON WITH 9 SOLE DISPOSITIVE POWER 95,673 ____________________________________________________________ 10 SHARED DISPOSITIVE POWER 0 ________________________________________________________________________________ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 77,321,800 ________________________________________________________________________________ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] ________________________________________________________________________________ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 29.4% ________________________________________________________________________________ 14 TYPE OF REPORTING PERSON OO ________________________________________________________________________________ CUSIP No. 05329W102 PAGE 9 of 19 ________________________________________________________________________________ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Edward S. Lampert IRS IDENTIFICATION NO.: ________________________________________________________________________________ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) X (b) _ ________________________________________________________________________________ 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) [ ] ________________________________________________________________________________ 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States ________________________________________________________________________________ 7 SOLE VOTING POWER 77,188,083 ____________________________________________________________ 8 SHARED VOTING POWER NUMBER OF SHARES BENEFICIALLY 0 OWNED BY EACH ____________________________________________________________ REPORTING PERSON WITH 9 SOLE DISPOSITIVE POWER 77,188,083 ____________________________________________________________ 10 SHARED DISPOSITIVE POWER 0 ________________________________________________________________________________ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 77,321,800 ________________________________________________________________________________ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] ________________________________________________________________________________ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 29.4% ________________________________________________________________________________ 14 TYPE OF REPORTING PERSON IN ________________________________________________________________________________ CUSIP No. 05329W102 PAGE 10 of 19 ________________________________________________________________________________ 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON William C. Crowley IRS IDENTIFICATION NO.: ________________________________________________________________________________ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) X (b) _ ________________________________________________________________________________ 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) [ ] ________________________________________________________________________________ 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States ________________________________________________________________________________ 7 SOLE VOTING POWER 133,717 ____________________________________________________________ 8 SHARED VOTING POWER NUMBER OF SHARES BENEFICIALLY 0 OWNED BY EACH ____________________________________________________________ REPORTING PERSON WITH 9 SOLE DISPOSITIVE POWER 133,717 ____________________________________________________________ 10 SHARED DISPOSITIVE POWER 0 ________________________________________________________________________________ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 77,321,800 ________________________________________________________________________________ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES [_] ________________________________________________________________________________ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 29.4% ________________________________________________________________________________ 14 TYPE OF REPORTING PERSON IN ________________________________________________________________________________ PAGE 11 of 19 This Amendment No. 8 to Schedule 13D (this "Amendment") amends and supplements certain Items of the Schedule 13D, as amended, filed by 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, LLC, a Delaware limited liability company ("ESLIM"), 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, 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. Item 2. Identity and Background Item 2 is hereby amended and restated in its entirety to read as follows: (a) This Schedule 13D is being filed by a group consisting of the Filing Persons. Attached as Schedule I hereto and incorporated herein by reference is a list containing the (a) name, (b) citizenship, (c) present principal occupation or employment and (d) the name, principal business address of any corporation or other organization in which such employment is conducted, of each director and executive officer of Investments (the "ESL Investments Directors and Officers"). Other than the ESL Investments Directors and Officers, there are no persons or corporations controlling or ultimately in control of Investments. (b) The principal place of business of each of the Filing Persons is 200 Greenwich Avenue, Greenwich, CT 06830. (c) This Statement is filed on behalf of ESL, Institutional, Investors, Investments, CBL, Tynan, ESLIM, Mr. Lampert and Mr. Crowley. The general partner of ESL is RBS Partners, L.P., a Delaware limited partnership ("RBS"). RBS is the managing member of Investors. RBS Investment Management, LLC, a Delaware limited liability company ("RBSIM"), is the general partner of Institutional. Investments is the general partner of RBS and CBL and the managing member of RBSIM. Mr. Lampert is the Chairman, Chief Executive Officer and Director of Investments and the managing member of ESLIM. Mr. Crowley is the President and Chief Operating Officer of Investments and the sole member of Tynan. Mr. Lampert and Mr. Crowley were appointed to the Board of Directors of the Issuer on January 29, 2002. In the aforementioned capacities, ESL, Institutional, Investors, Investments, CBL, Tynan, ESLIM, Mr. Lampert and Mr. Crowley each may be deemed to be the beneficial owner of the Shares reported herein. The principal business of ESL, Institutional, Investors, CBL, Tynan and ESLIM is purchasing, holding and selling securities for investment purposes. The principal business of RBS is serving as the general partner of ESL and the managing member of Investors. The principal business of RBSIM is serving as the general partner of Institutional. The principal business of Investments is serving as the general partner of RBS and CBL and the managing member of RBSIM. Mr. Lampert's principal business is serving as the Chairman, Chief Executive Officer and director of Investments and the managing member of ESLIM. Mr. Crowley's principal business is serving as the President and Chief Operating Officer of Investments and the sole member of Tynan. (d)-(e) During the past five years, none of the foregoing entities or natural persons has been convicted in a criminal proceeding or been a party to a civil proceeding, in either cast of the type specified in Items 2(d) or (e) of Schedule 13D. (f) ESL, Institutional, Investors, Investments, CBL, Tynan and ESLIM are organized in Delaware, and Mr. Lampert and Mr. Crowley are citizens of the United States. Item 4. Purpose of Transaction Item 4 is hereby supplemented as follows: PAGE 12 of 19 On March 7, 2006, the Issuer announced a recapitalization transaction, which includes a cash tender offer (the "Equity Tender Offer") to purchase up to 50,000,000 Shares of the Issuer's Common Stock. The Filing Persons, collectively, have the right to tender 77,061,800 Shares into the Equity Tender Offer. (This number does not include 130,000 Shares beneficially owned by Mr. Lampert pursuant to director stock options and 130,000 Shares beneficially owned by Mr. Crowley pursuant to director stock options.) The Filing Persons have agreed to tender all 77,061,800 of such Shares into the Equity Tender Offer, subject to certain conditions as set forth in a letter agreement, dated March 6, 2006, from Investments to the Issuer (the "Tender Offer Letter Agreement"), a copy of which is attached hereto as Exhibit 2 and which is incorporated herein by reference. 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 77,321,800 Shares (which represents approximately 29.4% of the 262,522,388 Shares outstanding on February 24, 2006, as disclosed in the Issuer's Annual Report on Form 10-K for the year ended December 31, 2005).
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. 77,321,800 (1) 29.4% 50,593,284 0 50,593,284 0 ESL Institutional Partners L.P. 77,321,800 (1) 29.4% 342,305 0 342,305 0 ESL Investors, L.L.C. 77,321,800 (1) 29.4% 17,025,197 0 17,025,197 0 ESL Investments, Inc. 77,321,800 (1) 29.4% 182,235 0 182,235 0 CBL Partners, L.P. 77,321,800 (1) 29.4% 8,819,389 0 8,819,389 0 Tynan, LLC 77,321,800 (1) 29.4% 3,717 0 3,717 0 ESL Investment Management, LLC 77,321,800 (1) 29.4% 95,673 0 95,673 0 Edward S. Lampert 77,321,800 (1) 29.4% 77,188,083 (2) 0 77,188,083 (2) 0 William C. Crowley 77,321,800 (1) 29.4% 133,717 (3) 0 133,717 (3) 0
(1) This number consists of: 50,593,284 Shares held for the account of ESL, 342,305 Shares held for the account of Institutional, 17,025,197 Shares held for the account of Investors, 182,235 Shares held for the account of Investments, 8,819,389 Shares held for the account of CBL, 3,717 Shares held for the account of Tynan, 95,673 Shares held for the account of ESLIM, 130,000 Shares issuable upon the exercise of director stock options held for the account of Mr. Lampert and 130,000 Shares issuable upon the exercise of director stock options held for the account of Mr. Crowley. (2) This number consists of: 50,593,284 Shares held for the account of ESL, 342,305 Shares held for the account of Institutional, 17,025,197 Shares held for the account of Investors, 182,235 Shares held for the account of Investments, 8,819,389 Shares held for the account of CBL, 95,673 Shares held for the account of ESLIM and 130,000 Shares issuable upon the exercise of director stock options held for the account of Mr. Lampert. PAGE 13 of 19 (3) This number consists of: 3,717 Shares held for the account of Tynan and 130,000 Shares issuable upon the exercise of director stock options held for the account of Mr. Crowley. (c) Except as set forth herein, there have been no transactions in Shares by any of the Filing Persons during the past 60 days. (d) Not applicable. (e) Not applicable. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer Item 6 is hereby supplemented as follows: Item 4 of this Schedule 13D is incorporated herein by reference. As stated in Item 4 hereof, on March 6, 2006 Investments agreed to tender 77,061,800 Shares into the Equity Tender Offer, subject to certain conditions set forth in the Tender Offer Letter Agreement. The summary of the Tender Offer Letter Agreement contained herein is qualified in its entirety by reference to the Tender Offer Letter Agreement, which is attached hereto as Exhibit 2 and which is incorporated herein by reference. Item 7. Material to Be Filed as Exhibits Exhibit 2 Tender Offer Letter Agreement, dated March 6, 2006, from ESL Investments, Inc. to AutoNation, Inc. PAGE 14 OF 19 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: March 7, 2006 ESL PARTNERS, L.P. By: RBS Partners, L.P., as its general partner By: ESL Investments, Inc., as its general partner By: /s/ Theodore W. Ullyot ----------------------------------- Name: Theodore W. Ullyot Title: EVP & General Counsel 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/ Theodore W. Ullyot ----------------------------------- Name: Theodore W. Ullyot Title: EVP & General Counsel ESL INVESTORS, L.L.C. By: RBS Partners, L.P., as its managing member By: ESL Investments, Inc., as its general partner By: /s/ Theodore W. Ullyot ----------------------------------- Name: Theodore W. Ullyot Title: EVP & General Counsel ESL INVESTMENTS, INC. By: /s/ Theodore W. Ullyot ----------------------------------- Name: Theodore W. Ullyot Title: EVP & General Counsel PAGE 15 OF 19 CBL PARTNERS, L.P. By: ESL Investments, Inc., as its general partner By: /s/ Theodore W. Ullyot ----------------------------------- Name: Theodore W. Ullyot Title: EVP & General Counsel TYNAN, LLC By: /s/ William C. Crowley ----------------------------------- Name: William C. Crowley Title: Member ESL INVESTMENT MANAGEMENT, L.L.C. By: /s/ Theodore W. Ullyot ----------------------------------- Name: Theodore W. Ullyot Title: EVP & General Counsel EDWARD S. LAMPERT /s/ Edward S. Lampert ---------------------------------------- Edward S. Lampert WILLIAM C. CROWLEY /s/ William C. Crowley ---------------------------------------- William C. Crowley PAGE 16 OF 19 SCHEDULE I The names, business addresses, present principal occupations, and citizenship of the directors and executive officers of ESL Investments, Inc. are set forth below. If no address is given, the director's or executive officer's principal business address is 200 Greenwich Avenue, Greenwich, CT 06830. Unless otherwise indicated, each occupation set forth opposite an individual's name refers to ESL Investments, Inc. Name and Business Address Principal Occupation Citizenship Robert Jackowitz Treasurer United States Theodore W. Ullyot Executive Vice President and United States General Counsel William C. Crowley President and Chief United States Operating Officer Edward S. Lampert Director, Chairman and Chief United States Executive Officer PAGE 17 OF 19 EXHIBIT INDEX Exhibit 2 Tender Offer Letter Agreement, dated March 6, 2006, from ESL Investments, Inc. to AutoNation, Inc. PAGE 18 OF 19 EXHIBIT 2 TENDER OFFER LETTER AGREEMENT March 6, 2006 Mr. Mike Jackson Chairman and Chief Executive Officer AutoNation, Inc. AutoNation Tower 110 S.E. 6th Street Fort Lauderdale, Florida 33301 Re: Proposed Equity Tender Offer Dear Mike: I am writing to you in reference to the proposed cash tender offer (the "Equity Tender Offer") by AutoNation, Inc. (the "Company") to purchase up to 50,000,000 shares of the Company's common stock (the "Common Stock"), substantially upon the terms of the draft Offer to Purchase received from the Company and the related draft Letter of Transmittal received from the Company. As described by the Company, the Equity Tender Offer is one part of a recapitalization transaction (the "Transactions") that includes (i) a concurrent tender offer and consent solicitation by the Company for any and all of its 9% senior notes due 2008, (ii) an amendment or an amendment and restatement of the Company's $600 million, unsecured, revolving credit facility to, among other things, provide for a new $300 million term loan facility, which can be increased to $400 million at the Company's option and (iii) an offering of senior unsecured notes with an aggregate principal amount of approximately $900 million. ESL Investments, Inc., together with its affiliated entities and funds ("ESL"), collectively, beneficially own and have the right to tender into the Equity Tender Offer 77,061,800 shares (the "Shares") of Common Stock. In connection with the Company's decision to implement the Transactions, the Company has requested that ESL state its intentions with respect to the Shares and agree to tender the Shares into the Equity Tender Offer. Pursuant to that request by the Company, and for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, ESL agrees to tender all of the Shares (without a minimum purchase condition) into the Equity Tender Offer pursuant to and in accordance with the terms of the Equity Tender Offer no later than the tenth business day following the commencement of the Equity Tender Offer, and not withdraw (once tendered) any of the Shares from the Equity Tender Offer. Notwithstanding the foregoing, ESL's obligation to tender (and not withdraw) the Shares is conditioned upon (i) the price to be paid per share of Common Stock in the Equity Tender Offer being not less than $23.00; (ii) the final expiration of the Equity Tender Offer and the acceptance for payment of the Common Stock tendered therein being no later than April 28, 2006; and (iii) no person commencing a bona fide tender or exchange offer for 5% or more of the Common Stock (other than the Company in connection with the Equity Tender Offer), no merger, acquisition, business combination or other similar transaction with or involving the Company being publicly disclosed and the Company not entering into a definitive agreement or an agreement in principle with any person with respect to a merger, business combination or other similar transaction. In making its decision to tender the Shares, ESL understands that neither the Company nor its Board of Directors will be making any recommendation to ESL regarding whether ESL should tender or refrain from tendering its Shares. ESL hereby consents to the Company's disclosure of ESL's agreement to tender (and not withdraw) the Shares in any press releases announcing the Transactions (so long as ESL is provided the opportunity to review and approve such reference in any such release in advance), the various tender offer and other disclosure documents relating to the Transactions (so long as ESL is provided the opportunity to review and approve such reference in any such documents in advance), and in other public disclosures from the Company made in reference to the Transactions. PAGE 19 OF 19 We look forward to the successful completion of the Transactions, including the Equity Tender Offer. Very truly yours, ESL Investments, Inc. /s/ Theodore W. Ullyot Name: Theodore W. Ullyot Title: EVP and General Counsel -----END PRIVACY-ENHANCED MESSAGE-----