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Gamco buys 661,900 shares of Gaylord Entertainment
By Lisa Kerner
Charlotte, N.C., Nov. 20 - A group of Gaylord Entertainment, Inc. investors led by Gamco Investors Inc. upped their stake in the company to 12.47% from 10.84% with the purchase of 661,900 additional shares.
The shares were acquired between Nov. 10 and Nov. 19 at prices from $6.7056 to $14.75 each, it was reported in a schedule 13D/A filed with the Securities and Exchange Commission.
According to a prior SEC filing, Gamco bought 420,819 shares of Gaylord Entertainment between Sept. 25 and Nov. 7.
Gamco beneficially owns approximately 5.1 million shares of the Nashville entertainment company.
In September, Gamco, a Rye, N.Y.-based investment firm, named Gaylord Entertainment as one of 13 companies it believed would benefit from new nominations to their boards of directors.
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