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Sonic Automotive investor Paul Rusnak wants seat on company's board
By Lisa Kerner
Charlotte, N.C., April 17 - Paul P. Rusnak bought 4,048,900 shares of Sonic Automotive, Inc. between Feb. 11 and April 7 priced from $1.00 to $2.01, according to a schedule 13D filed with the Securities and Exchange Commission on Friday.
Rusnak, a retail automotive dealer, requested a seat on the company's board of directors in April, the filing said.
The investor beneficially owns 4.3 million shares, or 15.3%, of the Charlotte, N.C.-based automotive retailer.
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