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Lampert's Interesting AutoZone Sale..A Reason?

Published June 29, 2009, 8:29 pm, Guru Focus

OK, we all saw last week that Eddie Lampert sold 4% of his holdings in auto parts retailer AutoZone ( AZO ). He must not be bullish anymore? Not quite. Let's look. Remember this agreement from last year? AutoZone also announced that it has entered into an agreement with ESL Investments, Inc. (with its affiliates, "ESL") setting forth certain understandings and agreements concerning ESL's ...

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