AutoNation Inc Tender Oversubscribed

Today AutoNation Inc. (AN) announced that its tender offer was oversubscribed.  Hopefully, the odd-lot preference will result in all my shares still being tendered.  It will be interesting to see how this works out.  Nothing appears to indicate that odd-lot holders will not be cashed out.  I’ll be crossing my fingers and hoping that I will see cash for all my AN shares in a few weeks.

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