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Gamco buys more shares of Sonesta International Hotels
By Lisa Kerner
Charlotte, N.C., Sept. 23 - Investors led by Gamco Asset Management Inc. increased their ownership interest in Sonesta International Hotels Corp. to 13.48% from 12.09% with the purchase of 51,300 additional shares.
The shares were acquired between Aug. 22 and Sept. 22 at prices from $20.29 to $24.00, it was reported in a schedule 13D filed with the Securities and Exchange Commission.
Gamco and its affiliates beneficially own 498,419 shares of the Boston hotel company's stock.
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