Viacom investors led by Gamco buy more shares

By Lisa Kerner

Charlotte, N.C., March 24 - Investors led by Gamco Asset Management, Inc. and Gabelli Funds, LLC bought an additional 122,925 shares of Viacom Inc. stock, increasing their stake in the company to 8.65%.

The shares were purchased between Jan. 26 and March 23 priced from $15.04 to $18.25 each, according to a schedule 13D/A filed on Tuesday with the Securities and Exchange Commission.

Gamco, Gabelli and their affiliates beneficially own 4,962,339 shares of the New York-based entertainment content company.

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