<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of
the Securities Exchange act of 1934
Date of Report (Date of earliest event reported) May 31, 2000
------------
AUTONATION, INC.
----------------
(Exact name of registrant as specified in its charter)
Delaware
--------
(State or other jurisdiction of incorporation)
1-13107 73-1105145
------- ----------
(Commission (IRS Employer
File Number) Identification No.)
110 SE 6th Street 33301
Ft. Lauderdale, FL -----
------------------------ (Zip Code)
(Address of principal executive offices)
Registrant's telephone number, including area code (954) 769-6000
--------------
N.A.
------------------------------------------------------------
(Former name or former address, if changed since last report)
<PAGE> 2
ITEM 5. OTHER EVENTS.
On May 31, 2000, AutoNation, Inc. (the "Company") issued a press
release announcing that the Company's Board of Directors has granted final
approval of the spin-off of ANC Rental Corporation ("ANC Rental"). The Company
announced a record date for the spin-off of June 16, 2000 and a distribution
date of June 30, 2000. The Company's Board of Directors also set the
distribution ratio for the spin-off at one share of ANC Rental common stock for
every eight shares of AutoNation common stock owned on the record date. A copy
of the press release is attached to this Form 8-K as Exhibit 99.1 and is
incorporated herein by reference.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(a) Not applicable
(b) Not applicable
(c) Exhibits.
EXHIBIT NO. DESCRIPTION
----------- -----------
99.1 Press Release of the Company dated
May 31, 2000
<PAGE> 3
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.
AUTONATION, INC.
Date: May 31, 2000 /s/ MICHAEL J. JACKSON
--------------------------
Michael J. Jackson,
Chief Executive Officer
<PAGE> 4
INDEX OF EXHIBITS
EXHIBIT NUMBER EXHIBIT DESCRIPTION
-------------- -------------------
99.1 Press Release of the Company dated May 31, 2000
2
