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Gamco cuts stake in Lin TV
By Lisa Kerner
Charlotte, N.C., March 11 - Investors led by Gamco Asset Management Inc. dropped their interest in LIN TV Corp. to 27.84% with the sale of 194,400 shares of the company's stock between Jan. 12 and March 10.
The shares were priced from $0.49 to $1.65 each, according to a schedule 13D/A filed with the Securities and Exchange Commission.
The reporting persons beneficially own 7,758,214 shares of the Providence, R.I., television station company's outstanding stock.
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