Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers A > Headlines for ACME Communications, Inc. > News item |
Gamco, Gabelli-led funds increase stake in ACME
By Angela McDaniels
Seattle, Oct. 11 - ACME Communications, Inc. investors led by Gamco Investors, Inc. and Gabelli Funds, LLC purchased 13,000 shares of the company's common stock between Aug. 17 and Oct. 9 for $3.91 to $4.14 per share
They also sold 2,700 shares between Sept. 25 and Oct. 9 for $3.90 to $3.99 each.
Following the transactions, the investors beneficially own 804,835 shares, or 5.02%, of the company, according to a schedule 13D filing with the Securities and Exchange Commission.
Santa Ana, Calif.-based ACME owns and operates television broadcasting stations.
© 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.