Gamco ups stake in Maine & Maritimes to 13.15%

By Lisa Kerner

Charlotte, N.C., Dec. 1 - Investors led by Gamco Asset Management Inc. reported the purchase of 17,300 additional shares of Maine & Maritimes Corp. stock in a schedule 13D/A filed with the Securities and Exchange Commission.

The shares were acquired between Sept. 29 and Wednesday at prices from $25.5914 to $38.22 each, the filing said.

Gamco and its affiliates beneficially own approximately 1.67 million shares, or 13.15%, of the Presque Isle, Maine-based company.

Maine & Maritimes provides electric transmission and distribution services in northern Maine.

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