Media General shareholder Gamco sells shares

By Lisa Kerner

Charlotte, N.C., Dec. 30 - Gamco Asset Management Inc. reported the sale of a net 15,194 shares of Media General, Inc. in a schedule 13D/A filed with the Securities and Exchange Commission.

The investor made a series of buy and sell transactions between Dec. 8 and Dec. 29 with the shares priced from $1.35 to $1.90 each, the filing said.

Between Nov. 26 and Dec. 5, Gamco bought 407,483 shares, a prior SEC filing said.

Gamco and its affiliates beneficially own 5,920,493 shares, or 26.64%, of the Richmond, Va., communications company.

Media General is one of several companies Gamco believes would benefit from new leadership, it was previously reported.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.