Key Developments: AutoNation Inc (AN)

AN on New York Consolidated

21 Oct 2014
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Latest Key Developments (Source: Significant Developments)

AutoNation Inc to acquire Barrier Motors Premium Luxury Group in Seattle-Bellevue, Washington Market
Wednesday, 10 Sep 2014 09:00am EDT 

AutoNation Inc:Announces that it has signed agreements to acquire Audi, Mercedes-Benz, Porsche and Volvo stores in the Seattle-Bellevue market from Barrier Motors.Upon completion of the transaction, AutoNation will own and operate 22 franchises in the state of Washington, including 13 franchises in the Seattle-Bellevue market.Transactions are subject to customary terms and conditions, including manufacturer approval, and are expected to close in the fourth quarter 2014.  Full Article

AutoNation Inc names chief financial officer
Tuesday, 4 Mar 2014 08:30am EST 

AutoNation Inc:Appointed Cheryl Scully to the position of executive vice president and chief financial officer, effective March 3.  Full Article

Autobytel Inc acquires AutoUSA subsidiary of AutoNation Inc
Monday, 13 Jan 2014 04:20pm EST 

Autobytel Inc:Says it has acquired Ft. Lauderdale-based AutoUSA from AutoNation, Inc.Says the price included $10.0 mln in cash, a $1.0 mln, 6% convertible note payable in one lump sum in five years and convertible to Autobytel common stock at a conversion price reflecting a 20% premium over the price of Autobytel`s common stock on the date of closing.Says the transaction was financed by Union Bank, N.A.  Full Article

AutoNation Inc To Acquire Six Stores In Texas
Tuesday, 4 Dec 2012 07:05am EST 

AutoNation Inc announced that it has signed agreements to acquire Audi, Porsche and three Volkswagen stores in the Dallas, Texas market from Boardwalk Auto Group and Spring Chrysler Jeep Dodge Ram in the Houston, Texas market. Upon completion of the transactions, AutoNation will own and operate 50 franchises in the state of Texas. Upon completion of the Boardwalk acquisition, AutoNation will own and operate 19 franchises in the Dallas-Fort Worth market. Terms of the transaction were not disclosed.  Full Article

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