Gamco and Gabelli invest in Third Wave

By Lisa Kerner

Charlotte, N.C., July 7 - Investors led by Gamco Asset Management Inc. and Gabelli Funds, LLC own 6.94% of Third Wave Technologies, Inc. following the purchase of 3,047,119 shares of the company's stock.

The shares were acquired between June 9 and July 2 priced from $11.10 to $11.19 each, according to a schedule 13D filing with the Securities and Exchange Commission.

As previously reported, Hologic, Inc. agreed to acquire Third Wave for $580 million in a bid to accelerate the growth of Hologic's diagnostics division.

Hologic began an $11.25-per-share tender offer for all of the outstanding shares of Third Wave common stock on June 18. The offer ends at midnight ET on July 16.

Hologic is a Bedford, Mass.-based medical technologies company.

Based in Madison, Wis., Third Wave develops molecular diagnostic reagents.

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