Lampert ups stake in Autonation to almost 35 pct

Newswire

WASHINGTON, Feb 27 (Reuters) - Hedge fund manager and billionaire investor Edward Lampert has increased his stake in AutoNation Inc to 34.8 percent through recent buys on the open market, according to a regulatory filing on Wednesday. Lampert reported that his fund, ESL Partners, owns about 62.7 million shares of the largest automobile dealership in the United States. He disclosed in a filing with the U.S. Securities and Exchange Commission that the fund bought the additional 1.82 ...

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