Compiling the latest applications on Linux, especially when the OS lacks the latest versions of Autoconf, Automake, Libtool, m4 will always get you screaming with frustration. Its not always easy to upgrade especially when others have a need for the system installed version of those applications. A quick win will be to download AC,AM,LT,M4 into a "autotools" directory and compiling each of them --prefix=/autotools and updating your path to include /autotools.
This will resolve the dreaded "autoreconf fails due to missing AC_PROG_LIBTOOL" error when compiling.