Gamco owns 10.84% of Gaylord Entertainment

By Lisa Kerner

Charlotte, N.C., Nov. 12 - A group of Gaylord Entertainment, Inc. investors led by Gamco Investors Inc. upped their stake in the company to 10.84% with the purchase of 420,819 shares between Sept. 25 and Nov. 7.

The shares were priced from $13.768 to $30.25 each, it was reported in a schedule 13D/A filed with the Securities and Exchange Commission.

Gamco beneficially owns approximately 4.43 million shares of the Nashville entertainment company.

In September, Gamco named Gaylord Entertainment as one of 13 companies it believed would benefit from new nominations to their boards of directors.

Gamco said it may contact individuals asking them to join the boards of public companies.

The Rye, N.Y.-based investment firm was focusing its efforts on companies with a poison pill or excess cash on hand, a prior SEC filing said.

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