By Richard Rabicoff
ST. PETERSBURG, Fla. -- Eagle Asset Management, Inc. disclosed in an SEC filing that its stake in shoemaker Steven Madden Limited (SHOO) has exceeded 5 percent. Eagle holds 2,154,926 shares or 5.03 percent of Steve Madden stock. The stake is worth $87.06 million at Steve Madden's Thursday closing price of $40.45. Last week, Madden said it will buy its privately held Canadian licensee, SM...
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FORT LAUDERDALE, Fla., -- AutoNation, Inc. (NYSE: AN), America's largest automotive retailer, announced today the pricing of $350.0 million aggregate principal amount of senior unsecured notes due 2020 at 5.500%.
The Company intends to use the net proceeds from the offering of the notes to reduce borrowings under the Company's existing revolving credit facility and to pay the related transaction fees and expenses.
Merrill Lynch, Pierce, Fenner & Smith Incorporated, J.P. LLC...
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