-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, AZ9DwX2T9PmPDIQc9TEMTpPHAs7fG/AYuR79yCvnUbR9F18vERUpCdU5X4lZzDns F9IRIgr/FUgNxn7sch/qtg== 0000893750-07-000367.txt : 20070928 0000893750-07-000367.hdr.sgml : 20070928 20070928081050 ACCESSION NUMBER: 0000893750-07-000367 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070928 DATE AS OF CHANGE: 20070928 GROUP MEMBERS: CBL PARTNERS, L.P. GROUP MEMBERS: EDWARD S. LAMPERT GROUP MEMBERS: ESL INSTITUTIONAL PARTANERS, L.P. GROUP MEMBERS: ESL INVESTMENT MANAGEMENT, L.P. GROUP MEMBERS: ESL INVESTORS, L.L.C. GROUP MEMBERS: ESL PARTNERS, L.P. GROUP MEMBERS: TYNAN, LLC GROUP MEMBERS: WILLIAM C. CROWLEY SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AUTONATION INC /FL CENTRAL INDEX KEY: 0000350698 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-AUTO DEALERS & GASOLINE STATIONS [5500] IRS NUMBER: 731105145 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-40342 FILM NUMBER: 071140649 BUSINESS ADDRESS: STREET 1: 110 SE 6TH ST CITY: FT LAUDERDALE STATE: FL ZIP: 33301 BUSINESS PHONE: 9547696000 MAIL ADDRESS: STREET 1: 110 SE 6TH ST CITY: FT LAUDERDALE STATE: FL ZIP: 33301 FORMER COMPANY: FORMER CONFORMED NAME: REPUBLIC INDUSTRIES INC DATE OF NAME CHANGE: 19951215 FORMER COMPANY: FORMER CONFORMED NAME: REPUBLIC WASTE INDUSTRIES INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: REPUBLIC RESOURCES CORP DATE OF NAME CHANGE: 19900226 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ESL INVESTMENTS INC CENTRAL INDEX KEY: 0001126396 IRS NUMBER: 752435723 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 200 GREENWICH AVENUE CITY: GREENWICH STATE: CT ZIP: 06830 BUSINESS PHONE: 2038614600 MAIL ADDRESS: STREET 1: 200 GREENWICH AVENUE CITY: GREENWICH STATE: CT ZIP: 06830 SC 13D/A 1 sch13da.htm SCHEDULE 13 D/A (AMENDMENT NO. 13) Schedule 13D/A

  



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 13)*

AutoNation, Inc.

(Name of Issuer)

 

Common Stock, par value $0.01 per share

(Title of Class of Securities)

 

05329W102

(CUSIP Number)

 

John G. Finley, Esq.

Simpson Thacher & Bartlett LLP

425 Lexington Avenue

New York, New York 10017

(212) 455-2000

(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)

 

September 28, 2007

(Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. [   ]

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

Page 1 of 17 Pages







PAGE 2 OF 17


CUSIP No.:  05329W102

1.

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (Entities Only)

 

ESL Partners, L.P.

 

2.

CHECK THE APPROPRIATE BOX IF A MEMBER
OF A GROUP (See Instructions)

(a)  [X]

(b)  [   ]

3.

SEC USE ONLY

 

 

4.

SOURCE OF FUNDS (See Instructions)

N/A

 

5.

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT

TO ITEMS 2 (d) or 2 (e)

[   ]

 

6.

CITIZENSHIP OR PLACE OF ORGANIZATION

 

 Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

7.

SOLE VOTING POWER
 
32,767,921 

8.

SHARED VOTING POWER
 
0

9.

SOLE DISPOSITIVE POWER
 
32,767,921

10.

SHARED DISPOSITIVE POWER
 
0

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

 

50,052,840

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions)

[   ]

 

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
24.8%

14.

TYPE OF REPORTING PERSON (See Instructions)
 

PN

 

 








PAGE 3 OF 17


CUSIP No.:  05329W102

1.

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (Entities Only)

 

ESL Institutional Partners, L.P.

 

2.

CHECK THE APPROPRIATE BOX IF A MEMBER
OF A GROUP (See Instructions)

(a)  [X]

(b)  [   ]

3.

SEC USE ONLY

 

 

4.

SOURCE OF FUNDS (See Instructions)

N/A

 

5.

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT

TO ITEMS 2 (d) or 2 (e)

[   ]

 

6.

CITIZENSHIP OR PLACE OF ORGANIZATION

 

 Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

7.

SOLE VOTING POWER
 
221,701

8.

SHARED VOTING POWER
 
0

9.

SOLE DISPOSITIVE POWER
 
221,701

10.

SHARED DISPOSITIVE POWER
 
0

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

 

50,052,840

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions)

[   ]

 

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
24.8%

14.

TYPE OF REPORTING PERSON (See Instructions)
 

PN

 

 








PAGE 4 OF 17



CUSIP No.:  05329W102

1.

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (Entities Only)

 

ESL Investors, L.L.C.

 

2.

CHECK THE APPROPRIATE BOX IF A MEMBER
OF A GROUP (See Instructions)

(a)  [X]

(b)  [   ]

3.

SEC USE ONLY

 

 

4.

SOURCE OF FUNDS (See Instructions)

N/A

 

5.

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT

TO ITEMS 2 (d) or 2 (e)

[   ]

 

6.

CITIZENSHIP OR PLACE OF ORGANIZATION

 

 Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

7.

SOLE VOTING POWER
 
8,571,514

8.

SHARED VOTING POWER
 
0

9.

SOLE DISPOSITIVE POWER
 
8,571,514

10.

SHARED DISPOSITIVE POWER
 
0

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

 

50,052,840

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions)

[   ]

 

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
24.8%

14.

TYPE OF REPORTING PERSON (See Instructions)
 

OO

 

 








PAGE 5 OF 17



CUSIP No.:  05329W102

1.

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (Entities Only)

 

ESL Investments, Inc.

 

2.

CHECK THE APPROPRIATE BOX IF A MEMBER
OF A GROUP (See Instructions)

(a)  [X]

(b)  [   ]

3.

SEC USE ONLY

 

 

4.

SOURCE OF FUNDS (See Instructions)

N/A

 

5.

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT

TO ITEMS 2 (d) or 2 (e)

[   ]

 

6.

CITIZENSHIP OR PLACE OF ORGANIZATION

 

 Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

7.

SOLE VOTING POWER
 
49,728,470

8.

SHARED VOTING POWER
 
0

9.

SOLE DISPOSITIVE POWER
 
49,728,470

10.

SHARED DISPOSITIVE POWER
 
0

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

 

50,052,840

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions)

[   ]

 

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
24.8%

14.

TYPE OF REPORTING PERSON (See Instructions)
 

CO

 

 








PAGE 6 OF 17



CUSIP No.:  05329W102

1.

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (Entities Only)

 

CBL Partners, L.P.

 

2.

CHECK THE APPROPRIATE BOX IF A MEMBER
OF A GROUP (See Instructions)

(a)  [X]

(b)  [   ]

3.

SEC USE ONLY

 

 

4.

SOURCE OF FUNDS (See Instructions)

N/A

 

5.

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT

TO ITEMS 2 (d) or 2 (e)

[   ]

 

6.

CITIZENSHIP OR PLACE OF ORGANIZATION

 

 Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

7.

SOLE VOTING POWER
 
5,712,083

8.

SHARED VOTING POWER
 
0

9.

SOLE DISPOSITIVE POWER
 
5,712,083

10.

SHARED DISPOSITIVE POWER
 
0

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

 

50,052,840

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions)

[   ]

 

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
24.8%

14.

TYPE OF REPORTING PERSON (See Instructions)
 

PN

 

 








PAGE 7 OF 17



CUSIP No.:  05329W102

1.

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (Entities Only)

 

Tynan, LLC

 

2.

CHECK THE APPROPRIATE BOX IF A MEMBER
OF A GROUP (See Instructions)

(a)  [X]

(b)  [   ]

3.

SEC USE ONLY

 

 

4.

SOURCE OF FUNDS (See Instructions)

N/A

 

5.

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT

TO ITEMS 2 (d) or 2 (e)

[   ]

 

6.

CITIZENSHIP OR PLACE OF ORGANIZATION

 

 Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

7.

SOLE VOTING POWER
 
2,406

8.

SHARED VOTING POWER
 
0

9.

SOLE DISPOSITIVE POWER
 
2,406

10.

SHARED DISPOSITIVE POWER
 
0

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

 

50,052,840

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions)

[   ]

 

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
24.8%

14.

TYPE OF REPORTING PERSON (See Instructions)
 

OO

 

 








PAGE 8 OF 17



CUSIP No.:  05329W102

1.

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (Entities Only)

 

ESL Investment Management, L.P.

 

2.

CHECK THE APPROPRIATE BOX IF A MEMBER
OF A GROUP (See Instructions)

(a)  [X]

(b)  [   ]

3.

SEC USE ONLY

 

 

4.

SOURCE OF FUNDS (See Instructions)

N/A

 

5.

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT

TO ITEMS 2 (d) or 2 (e)

[   ]

 

6.

CITIZENSHIP OR PLACE OF ORGANIZATION

 

 Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

7.

SOLE VOTING POWER
 
61,964

8.

SHARED VOTING POWER
 
0

9.

SOLE DISPOSITIVE POWER
 
61,964

10.

SHARED DISPOSITIVE POWER
 
0

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

 

50,052,840

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions)

[   ]

 

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
24.8%

14.

TYPE OF REPORTING PERSON (See Instructions)
 

PN

 

 








PAGE 9 OF 17



CUSIP No.:  05329W102

1.

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (Entities Only)

 

RBS Partners, L.P.

 

2.

CHECK THE APPROPRIATE BOX IF A MEMBER
OF A GROUP (See Instructions)

(a)  [X]

(b)  [   ]

3.

SEC USE ONLY

 

 

4.

SOURCE OF FUNDS (See Instructions)

N/A

 

5.

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT

TO ITEMS 2 (d) or 2 (e)

[   ]

 

6.

CITIZENSHIP OR PLACE OF ORGANIZATION

 

 Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

7.

SOLE VOTING POWER
 
43,794,686

8.

SHARED VOTING POWER
 
0

9.

SOLE DISPOSITIVE POWER
 
43,794,686

10.

SHARED DISPOSITIVE POWER
 
0

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

 

50,052,840

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions)

[   ]

 

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
24.8%

14.

TYPE OF REPORTING PERSON (See Instructions)
 

PN

 

 








PAGE 10 OF 17



CUSIP No.:  05329W102

1.

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (Entities Only)

 

RBS Investment Management, LLC

 

2.

CHECK THE APPROPRIATE BOX IF A MEMBER
OF A GROUP (See Instructions)

(a)  [X]

(b)  [   ]

3.

SEC USE ONLY

 

 

4.

SOURCE OF FUNDS (See Instructions)

N/A

 

5.

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT

TO ITEMS 2 (d) or 2 (e)

[   ]

 

6.

CITIZENSHIP OR PLACE OF ORGANIZATION

 

 Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

7.

SOLE VOTING POWER
 
221,701

8.

SHARED VOTING POWER
 
0

9.

SOLE DISPOSITIVE POWER
 
221,701

10.

SHARED DISPOSITIVE POWER
 
0

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

 

50,052,840

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions)

[   ]

 

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
24.8%

14.

TYPE OF REPORTING PERSON (See Instructions)
 

OO

 

 








PAGE 11 OF 17



CUSIP No.:  05329W102

1.

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (Entities Only)

 

Edward S. Lampert

 

2.

CHECK THE APPROPRIATE BOX IF A MEMBER
OF A GROUP (See Instructions)

(a)  [X]

(b)  [   ]

3.

SEC USE ONLY

 

 

4.

SOURCE OF FUNDS (See Instructions)

N/A

 

5.

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT

TO ITEMS 2 (d) or 2 (e)

[   ]

 

6.

CITIZENSHIP OR PLACE OF ORGANIZATION

 

United States

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

7.

SOLE VOTING POWER
 
49,920,434

8.

SHARED VOTING POWER
 
0

9.

SOLE DISPOSITIVE POWER
 
49,920,434

10.

SHARED DISPOSITIVE POWER
 
0

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

 

50,052,840

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions)

[   ]

 

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
24.8%

14.

TYPE OF REPORTING PERSON (See Instructions)
 

IN

 

 








PAGE 12 OF 17



CUSIP No.:  05329W102

1.

NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (Entities Only)

 

William C. Crowley

 

2.

CHECK THE APPROPRIATE BOX IF A MEMBER
OF A GROUP (See Instructions)

(a)  [X]

(b)  [   ]

3.

SEC USE ONLY

 

 

4.

SOURCE OF FUNDS (See Instructions)

N/A

 

5.

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT

TO ITEMS 2 (d) or 2 (e)

[   ]

 

6.

CITIZENSHIP OR PLACE OF ORGANIZATION

 

United States

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

7.

SOLE VOTING POWER
 
132,406

8.

SHARED VOTING POWER
 
0

9.

SOLE DISPOSITIVE POWER
 
132,406

10.

SHARED DISPOSITIVE POWER
 
0

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

 

50,052,840

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions)

[   ]

 

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 
24.8%

14.

TYPE OF REPORTING PERSON (See Instructions)
 

IN

 

 








PAGE 13 OF 17


This Amendment No. 13 to Schedule 13D (this “Amendment”) relates to shares of common stock, par value $0.01 per share (“Shares”), of AutoNation, Inc. (the “Issuer”).  This Amendment No. 13 supplementally amends the statement on Schedule 13D, as amended, filed by a group consisting of ESL Partners, L.P., a Delaware limited partnership (“ESL”), ESL Institutional Partners, L.P., a Delaware limited partnership (“Institutional”), ESL Investors, L.L.C., a Delaware limited liability company (“Investors”), ESL Investments, Inc. (“Investments”), CBL Partners, L.P., a Delaware limited partnership (“CBL”), Tynan, LLC (“Tynan”), ESL Investment Management, L.P., a Delaware limited partnership (“ESLIM”), RBS Partners, L.P., a Delaware limited partnership (“RBS”), RBS Investment Management, LLC, a Delaware limited liability company (“ ;RBSIM”), Edward S. Lampert, and William C. Crowley, both United States citizens, by furnishing the information set forth below.  ESL, Institutional, Investors, Investments, CBL, Tynan, ESLIM, RBS, RBSIM, Mr.  Lampert and Mr. Crowley are collectively defined in this Amendment as the “Filing Persons.”  Unless set forth below, all previous Items are unchanged.  Capitalized terms used herein which are not defined herein have the meanings given to them in the Schedule 13D, as amended, previously filed with the Securities and Exchange Commission.  

The Filing Persons are filing this Amendment No. 13 to report the filing of notices under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the “HSR Act”).  The notices are being filed because of the expiration earlier this year of the 5-year clearance period for the purchase of Shares by ESL and Investors obtained as a result of HSR Act filings made in 2002.  The current HSR Act filings will allow ESL and Investors to acquire additional Shares in open market transactions or otherwise once the applicable HSR Act waiting period expires or is terminated.

Item 4.  Purpose of Transaction

Item 4 is hereby amended and restated in its entirety as follows:


The Filing Persons purchased the Shares reported herein as part of their ordinary course investment activities and intend to review on a continuing basis their investment in the Issuer.  Depending on their review and evaluation of the business and prospects of the Issuer and the price level of the Shares, or such other factors as they may deem relevant, the Filing Persons may acquire additional Shares; may sell all or any part of their Shares pursuant to Rule 144, in privately negotiated transactions or in sales registered or exempt from registration under the Securities Act of 1933; may distribute Shares to various of their partners or may engage in any combination of the foregoing.  Subject to applicable law, the Filing Persons may enter into derivative transactions, hedging transactions or alternative structures with respect to the Shares.  Any open market or privately negotiated purchases, sales, distributions or other transactions may be made at any time without additional prior notice.  Any alternative that the Filing Persons may pursue will depend upon a variety of factors, including without limitation, current and anticipated future trading prices of the Shares, the financial condition, results of operations and prospects of the Issuer and general economic, financial market and industry conditions, other investment and business opportunities available to the Filing Persons, general stock market and economic conditions, tax considerations and other factors.  


Mr. Crowley serves on the Board of Directors of the Issuer.  As a result of the Filing Persons’ ongoing review and evaluation of the business of the Issuer, the Filing Persons may, through Mr. Crowley’s representation on the Board of Directors of the Issuer and otherwise, continue to communicate with the Board of Directors, members of management and/or other stockholders from time to time with respect to operational, strategic, financial or governance matters or otherwise work with management and the Board of Directors to create stockholder value.


Notices under the HSR Act are expected to be filed on September 28, 2007 because of the expiration earlier this year of the 5-year clearance period for the purchase of Shares by ESL and Investors obtained as a result of HSR Act filings made in 2002.  The current HSR Act filings will allow ESL and Investors to acquire additional Shares in open market transactions or otherwise once the applicable HSR Act waiting period expires or is terminated. 


Other than as described in this Item 4, none of the Filing Persons, nor, to the knowledge of each Filing Person, any individuals listed in response to Item 2 hereof, has any current plans or proposals that relate to or that would result in any of the transactions or other matters specified in clauses (a) through (j) of Item 4 of Schedule 13D; provided that the Filing Persons may, at any time, review or reconsider their position with respect to the Issuer and reserve the right to develop such plans or proposals.  









PAGE 14 OF 17


Item 5.  Interest in Securities of the Issuer

Item 5 is hereby amended and restated in its entirety to read as follows:

(a)-(b) The Filing Persons may be deemed to beneficially own an aggregate of 50,052,840 Shares (approximately 24.8% of the outstanding Shares based on the Issuer having 202,064,138 Shares outstanding on July 23, 2007, as disclosed in the Issuer’s last quarterly report on Form 10-Q).

REPORTING PERSON

NUMBER OF SHARES BENEFICIALLY OWNED

PERCENTAGE OF OUTSTANDING SHARES

SOLE VOTING POWER

SHARED VOTING POWER

SOLE DISPOSITIVE POWER

SHARED DISPOSITIVE POWER

 

 

 

 

 

 

 

 
ESL Partners, L.P.

50,052,840 (1)

24.8%

32,767,921

0

32,767,921

0

 
ESL Institutional Partners, L.P.

50,052,840 (1)

24.8%

221,701

0

221,701

0

 
ESL Investors, L.L.C.

50,052,840 (1)

24.8%

8,571,514

0

8,571,514

0

 
ESL Investments, Inc.

50,052,840 (1)

24.8%

49,728,470 (2)

0

49,728,470 (2)

0

 
CBL Partners, L.P.

50,052,840 (1)

24.8%

5,712,083

0

5,712,083

0

 
Tynan, LLC

50,052,840 (1)

24.8%

2,406

0

2,406

0

 
ESL Investment Management, L.P.

50,052,840 (1)

24.8%

61,964

0

61,964

0

 
RBS Partners, L.P.

50,052,840 (1)

24.8%

43,794,686 (3)

0

43,794,686 (3)

0

 
RBS Investment Management, LLC

50,052,840 (1)

24.8%

221,701 (4)

0

221,701 (4)

0

 
Edward S. Lampert

50,052,840 (1)

24.8%

49,920,434 (5)

0

49,920,434 (5)

0

 
William C. Crowley

50,052,840 (1)

24.8%

132,406 (6)

0

132,406 (6)

0


(1)

This number consists of 32,767,921 Shares held by ESL, 221,701 Shares held by Institutional, 8,571,514 Shares held in an account established by the investment member of Investors, 5,712,083 Shares held by CBL, 2,406 Shares held by Tynan, 61,964 Shares held by ESLIM, 2,455,251 Shares held by RBS, 130,000 Shares held by Mr. Lampert and 130,000 Shares issuable upon the exercise of director stock options held by Mr. Crowley.

(2)

This number consists of 32,767,921 Shares held by ESL, 221,701 Shares held by Institutional, 8,571,514 Shares held in an account established by the investment member of Investors, 5,712,083 Shares held by CBL and 2,455,251 Shares held by RBS.

(3)

This number consists of 32,767,921 Shares held by ESL, 8,571,514 Shares held in an account established by the investment member of Investors and 2,455,251 Shares held by RBS.

(4)

This number consists of 221,701 Shares held by Institutional.







PAGE 15 OF 17


(5)

This number consists of 32,767,921 Shares held by ESL, 221,701 Shares held by Institutional, 8,571,514 Shares held in an account established by the investment member of Investors, 5,712,083 Shares held by CBL, 61,964 Shares held by ESLIM, 2,455,251 Shares held by RBS and 130,000 Shares held by Mr. Lampert.

(6)

This number consists of 2,406 Shares held by Tynan and 130,000 Shares issuable upon the exercise of director stock options held by Mr. Crowley.

(c)

Other than a distribution on August 1, 2007 of 2,455,251 Shares from an account established by the investment member of Investors to RBS in accordance with the terms of the limited liability company operating agreement of Investors, there have been no transactions in Shares by any of the Filing Persons during the 60 days prior to the date hereof.

(d)

Not applicable.

(e)

Not applicable.

Item 6.  Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

Item 6 is hereby supplemented as follows:

ESL and the Issuer continue to have an understanding pursuant to which, to the extent that ESL and the Issuer express an interest in purchasing Shares from third parties from time to time, each would refrain from purchasing Shares from third parties on certain days determined in advance, in order to ensure that both the Issuer and ESL are not purchasing Shares on the same day.  ESL may notify the Issuer if ESL decides not to purchase Shares on any particular day.  There can be no assurance that ESL will purchase Shares or, if it purchases Shares, that it will continue to do so.








PAGE 16 OF 17


SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated:  September 28, 2007


ESL PARTNERS, L.P.


By:

RBS Partners, L.P., as its general partner


By:

ESL Investments, Inc., as its general partner



By:

 /s/ Theodore W. Ullyot                           

Name:  Theodore W. Ullyot
Title:  EVP & General Counsel



ESL INSTITUTIONAL PARTNERS, L.P.


By:

RBS Investment Management, L.L.C., as its general partner


By:

ESL Investments, Inc., as its manager


By:

 /s/ Theodore W. Ullyot                           

Name:  Theodore W. Ullyot
Title:  EVP & General Counsel


ESL INVESTORS, L.L.C.


By:

RBS Partners, L.P., as its managing member


By:

ESL Investments, Inc., as its general partner



By:

 /s/ Theodore W. Ullyot                           

Name:  Theodore W. Ullyot
Title:  EVP & General Counsel



ESL INVESTMENTS, INC.



By:

 /s/ Theodore W. Ullyot                           

Name:  Theodore W. Ullyot
Title:  EVP & General Counsel














PAGE 17 OF 17


CBL PARTNERS, L.P.


By:

ESL Investments, Inc., as its general partner



By:

 /s/ Theodore W. Ullyot                           

Name:  Theodore W. Ullyot
Title:  EVP & General Counsel



TYNAN, LLC


By:

 /s/ William C. Crowley                          

Name:  William C. Crowley
Title:  Member



ESL INVESTMENT MANAGEMENT, L.P.


By:  ESL INVESTMENT MANAGEMENT (GP), L.L.C.,
its general partner


By:

 /s/ Edward S. Lampert                          

Name:  Edward S. Lampert

Title:  Managing Member



RBS PARTNERS, L.P.


By:

ESL Investments, Inc., as its general partner


By:

 /s/ Theodore W. Ullyot                          

Name:  Theodore W. Ullyot
Title:  EVP & General Counsel



RBS INVESTMENT MANAGEMENT, L.L.C.


By:

ESL Investments, Inc., as its manager


By:

 /s/ Theodore W. Ullyot                          

Name:  Theodore W. Ullyot
Title:  EVP & General Counsel



EDWARD S. LAMPERT


 /s/ Edward S. Lampert                                   

Edward S. Lampert



WILLIAM C. CROWLEY


 /s/ William C. Crowley                                  

William C. Crowley







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