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Gabelli, Gamco up stake in Midas
By Angela McDaniels
Tacoma, Wash., Jan. 29 - Midas, Inc. investors led by Gabelli Funds, LLC and Gamco Asset Management Inc. purchased a net 75,450 shares of the company's common stock, increasing their stake in the company to 19.14% from 18.13%.
The investors bought and sold Midas shares between Dec. 1 and Jan. 28 for $6.9591 to $11.78 each, according to a schedule 13D filing with the Securities and Exchange Commission.
Gabelli, Gamco and their affiliates beneficially own 2,681,200 shares of the Itasca, Ill.-based retail automotive services company.
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