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Gamco-led investors sell shares of SL Industries
By Lisa Kerner
Charlotte, N.C., Sept. 12 - Investors led by Gabelli Funds, LLC and Gamco Asset Management Inc. sold 48,100 shares of SL Industries, Inc. common stock between July 10 and Sept. 10 priced from $16.63 to $22.58 each.
The reporting persons own 1,222,783 shares, or 21.49%, of the company's stock, according to a schedule 13D filing with the Securities and Exchange Commission.
SL Industries manufactures and markets power electronics, motion control, power protection, power quality electromagnetic products and specialized communication equipment. The company is based in Mt. Laurel, N.J.
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