---
schema_version: "secwatch.filing_event.v1"
accession: "0000350698-23-000134"
form_type: "8-K"
ticker: "AN"
cik: "0000350698"
company_name: "AUTONATION, INC."
filed_at: "2023-10-17T23:59:59+00:00"
generated_at: "2026-06-09T22:53:19.505164+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# AutoNation withdraws from pursuit of Pendragon PLC, will not make formal offer

## Summary
- AutoNation confirms it does not intend to make an offer for Pendragon PLC after preliminary non-binding proposal on Sept 26.
- CEO Mike Manley cites further consideration of opportunity; company may still pursue M&A inside and outside U.S.
- AutoNation reserves right to participate in future offer under U.K. Takeover Code within six months if conditions met.

## SEC filing metadata
- accession: 0000350698-23-000134
- form_type: 8-K
- ticker: AN
- cik: 0000350698
- company_name: AUTONATION, INC.
- filed_at: 2023-10-17T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/350698/000035069823000134/0000350698-23-000134-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/350698/000035069823000134/an-20231017.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000350698-23-000134
- JSON: https://secwatch.observer/filing/0000350698-23-000134.json
- Plain text: https://secwatch.observer/filing/0000350698-23-000134.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.