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Ed Lampert, the billionaire investor credited with reviving Kmart’s stock, has purchased more shares of AutoNation Inc., taking another step toward becoming majority shareholder of the largest U.S. dealership group.

Tags: AutoNation, Autonation Inc, Billionaire, Dealership Group, Investor, Kmart, Lampert, Majority Shareholder, Stock Shares, United States

AutoNation Inc. is preparing for billionaire investor Ed Lampert to take a majority stake in the company. The nation’s largest vehicle retailer announced Thursday that it obtained approval from auto manufacturers for ESL Investments Inc.

Tags: Auto Manufacturers, AutoNation, Autonation Inc, Billionaire, Ed Lampert, Esl Investments Inc, Investor, Lampert, Majority Stake, vehicle retailer

Microsoft Corp. co-founder Bill Gates has raised his passive stake in AutoNation Inc., the largest U.S. auto dealership group, to 10 percent. Gates, who previously reported a 5.

Tags: Auto Dealership, auto dealership group, AutoNation, Autonation Inc, AutoNation Microsoft Corp., Bill Gates, Co Founder, Dealership Group, Founder Bill Gates, Lampert, Microsoft, Microsoft Corp, Stake, U S Auto, United States