Odd Lot Index

AUTONATION INC /FL AN

No odd-lot preference

Read automatically from the filing
This offer mentions odd lots only to say they get no special treatment. Odd-lot tenders are prorated like everyone else's.
StatusClosed
Closing date2006-04-12
How it is pricedFixed price
Odd-lot thresholdFewer than 100 shares
Must tender everything you holdYes
Must tick the odd-lot box on the formYes
Price offeredUSD $23.00 per share
Most an odd-lot tender could be$2,277.00

Where each of these comes from

Every line above was read out of the filing. Here is the wording it was read from, so you can check it.

election_required = True.... See Section 1. If I own fewer than 100 shares and I tender all of my shares, will I be subject to proration? If you own beneficially or of record fewer than 100 shares in the aggregate, you validly tender all of these shares before the Offer expires and you complete the section entitled “Odd Lots” in the Letter of Transmittal and, if applicable, in the Notice of Guaranteed Delivery we will purchase all of your shares without subjecting them to the proration procedure. Notwithstanding the foregoing, you will not be entitled to the Odd Lots preference with respect to shares tendered under the AutoNation, Inc. 401(k) Plan. See Section 1. Once I have tendered sha...
expiry = 2006-04-12...hibit (a)(1)(A) Offer to Purchase for Cash by AutoNation, Inc. of Up to 50,000,000 Shares of its Common Stock at a Purchase Price of $23.00 Per Share THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 10:00 A.M., NEW YORK CITY TIME, ON APRIL 12, 2006, UNLESS THE OFFER IS EXTENDED (THE “EXPIRATION TIME”). AutoNation, Inc., a Delaware corporation (the “Company,” “we,” or “us”), is offering to purchase for cash up to 50,000,000 shares of its common stock, $0.01 par value per share (the “c...
listed = True...fficient to enable us to pay for purchased shares, pay for notes tendered and consents delivered in a concurrent debt tender offer and consent solicitation and pay related fees and expenses (the “financing condition”). See Section 7. The shares are listed and traded on the New York Stock Exchange (the “NYSE”) under the symbol “AN.” On March 6, 2006, the last reported sales price on the NYSE was $20.89. We announced our intention to make the Offer during the morning of March 7, 2006 before the opening of trading on the NYSE. On that day, the closing sales price of the shares on the NYSE was $22.26 per share. On March 9, 2006, the last full t...
mechanism = FIXEDEX-99.(A)(1)(A) 2 g99958exv99wxayx1yxay.htm OFFER TO PURCHASE Offer to Purchase Exhibit (a)(1)(A) Offer to Purchase for Cash by AutoNation, Inc. of Up to 50,000,000 Shares of its Common Stock at a Purchase Price of $23.00 Per Share THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 10:00 A.M., NEW YORK CITY TIME, ON APRIL 12, 2006, UNLESS THE OFFER IS EXTENDED (THE “EXPIRATION TIME”). AutoNation, Inc., a Delaware corporation (the “Company,” “we,” or “us”), is offering to purchase for cash up to 50,000,000 shares of its common stock, $0.01 par value pe...
must_tender_all = True...res (or such greater number of shares as we may elect to purchase, subject to applicable law) are validly tendered and not validly withdrawn prior to the Expiration Time, we will purchase shares: • first, from all holders of “odd lots” of less than 100 shares who validly tender all of their shares and do not validly withdraw them before the Expiration Time, provided that the Odd Lots preference will not be available for shares tendered under the AutoNation 401(k) Plan; • second, from all other stockholders who validly tender shares, on a pro rata basis (except for stockholders who tendered shares conditionally for which the condit...
no_priority = True...r to the person will be deducted from the purchase price unless satisfactory evidence of the payment of the stock transfer taxes, or exemption from payment of the stock transfer taxes, is submitted. 6. Conditional Tender of Shares Subject to the exception for Odd Lot Holders, in the event of an over-subscription of the Offer, shares tendered prior to the Expiration Time will be subject to proration. See Section 1. As discussed in Section 15, the number of shares to be purchased from a particular stockholder may affect the U.S. federal income tax treatment of the purchase to the stockholder and the stockholder’s decision whether to tender. The conditional tender alternative is made available for stockholders seeking to take steps to...
price = USD 23.0...g99958exv99wxayx1yxay.htm OFFER TO PURCHASE Offer to Purchase Exhibit (a)(1)(A) Offer to Purchase for Cash by AutoNation, Inc. of Up to 50,000,000 Shares of its Common Stock at a Purchase Price of $23.00 Per Share THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 10:00 A.M., NEW YORK CITY TIME, ON APRIL 12, 2006, UNLESS THE OFFER IS EXTENDED (THE “EXPIRATION TIME”). AutoNation, Inc., a Delaware corporation (the “Co...
threshold = 100...expect that tendered shares will be purchased on a pro rata basis if the conditions to the Offer are satisfied or waived. Odd Lots. The term “odd lots” means all shares validly tendered prior to the Expiration Time and not validly withdrawn by any person (an “Odd Lot Holder”) who owned beneficially or of record a total of fewer than 100 shares and so certified in the appropriate place on the Letter of Transmittal and, if applicable, on the Notice of Guaranteed Delivery. To qualify for this preference, an Odd Lot Holder must tender all shares owned by the Odd Lot Holder in accordance with the procedures described in Section 3. Odd Lots will be accepted for payment before any pr...
txn_type = TENDER_OFFEREX-99.(A)(1)(A) 2 g99958exv99wxayx1yxay.htm OFFER TO PURCHASE Offer to Purchase Exhibit (a)(1)(A) Offer to Purchase for Cash by AutoNation, Inc. of Up to 50,000,000 Shares of its Common Stock at a Purchase Price of $23.00 Per Share THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 10:00 A.M., NEW YORK CITY TIME, ON APRIL 12, 2006, UNLESS THE OFFER IS EXTENDED (THE “EXPIRATION TIME”)....

The filings

FiledFormRoleOn EDGAR
2006-03-10SC TO-Ioriginal (governing)View