Gates' Cascade Discloses 5.5% Stake in AutoNation (AN)

July 21, 2008 5:47 PM EDT

In a 13G filing on AutoNation Inc. (NYSE: AN), Bill Gates' Cascade Investment disclosed a 5.5% stake (5,263,588 shares) in the company. Cascade did not show a stake in AN at the quarter ended 03/31/08. A 13G indicates a 'passive investment'.

AutoNation, Inc., through its subsidiaries, operates as an automotive retailer in the United States.

Cascade Investment is the investment vehicle of Microsoft founder Bill Gates.


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