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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