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Gamco investors increase stake in Herley to 10.57%
By Lisa Kerner
Charlotte, N.C., Sept. 10 - Investors led by Gabelli Funds, LLC and Gamco Asset Management Inc. bought 82,800 shares of Herley Industries, Inc. stock between July 9 and Sept. 7 priced from $13.57 to $17.12 per share, according to a schedule 13D filing with the Securities and Exchange Commission.
The reporting persons own 1,477,147 shares, or 10.57%, of the Lancaster, Pa.-based company that provides microwave radio frequency and millimeter wave components to defense and commercial customers.
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