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Gabelli, Gamco increase stake in Molecular Devices
By Lisa Kerner
Charlotte, N.C., March 14 - A group of investors led by Gabelli Funds, LLC and Gamco Asset Management Inc. used $39,637,442 to purchase shares of Molecular Devices Corp. stock, according to a schedule 13D filing with the Securities and Exchange Commission.
Gabelli Funds beneficially own 489,680 shares, or 2.97%, and Gamco owns 200,888 , or 1.22%, of the Sunnyvale, Calif., medical device manufacturer's stock.
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