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Gamco-led investors buy 195,095 shares of Watts Water Technologies
By Lisa Kerner
Charlotte, N.C., June 4 - Watts Water Technologies, Inc. investors led by Gamco Asset Management, Inc. and Gabelli Funds LLC bought 195,095 shares of the company's stock between April 3 and June 2 priced from $25.69 to $29.65 per share.
The total number of shares beneficially owned by Gamco, Gabelli and their affiliates is 3,867,798, representing 13.18% of the company's outstanding stock, according to a schedule 13D filing with the Securities and Exchange Commission.
Watts Water is a North Andover, Mass.-based plumbing equipment manufacturing company.
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