Bill Gates raises stake in dealership AutoNation

Newswire

DETROIT, Nov 28 (Reuters) - Microsoft Corp co-founder Bill Gates has raised his stake in AutoNation Inc , the largest U.S. auto dealership group, to nearly 12 percent. Gates, who reported a 10 percent stake in AutoNation last week, said on Friday in filings with the U.S. Securities and Exchange Commission that his funds purchased additional shares in the company this week. His Cascade Investment LLC owned 10.97 million shares in AutoNation and the Bill & Melinda Gates Foundation ...

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