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Gamco, Gabelli buy more shares of Young Broadcasting
By Lisa Kerner
Charlotte, N.C., Dec. 21 - Young Broadcasting Inc. investors led by Gamco Asset Management Inc. and Gabelli Funds, LLC bought 336,816 shares of the company's stock between Oct. 23 and Dec. 19.
The shares were priced from $0.97 to $2.32 each, according to a schedule 13D filing with the Securities and Exchange Commission.
The investors own 3,872,480 shares or 18.48% of the New York-based television station owner/operator.
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