Gamco, Gabelli acquire more than 1.75 million shares of Greenfield Online

By Lisa Kerner

Charlotte, N.C., Sept. 29 - Investors led by Gamco Asset Management Inc. and Gabelli Funds, LLC bought 1,759,981 shares of Greenfield Online, Inc.

The shares were acquired between Aug. 6 and Sept. 26 at prices from $16.527 to $17.385, according to a schedule 13D filed with the Securities and Exchange Commission.

It was previously reported that as part of its planned $17.50 per share acquisition of Greenfield, Microsoft Corp. is selling Greenfield Online's internet survey solutions business to an affiliate of private equity investment firm ZM Capital, LP affiliate for an unspecified amount

Microsoft's merger with Greenfield Online and the Redmond, Wash., software company's sale of the ISS business are expected to close simultaneously in the fourth quarter of 2008, a prior news release said.

Wilton, Conn.-based Greenfield Online is an internet survey and comparison shopping solutions company.

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