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Herley Industries shareholder Gamco ups stake to 23.95%
By Lisa Kerner
Charlotte, N.C., March 5 - Herley Industries, Inc. investors led by Gamco Asset Management, Inc. increased their ownership interest to 23.95% from 22.85% with the purchase of 148,800 shares between Jan. 4 and March 4 priced from $8.11 to $13.51 each, it was reported in a schedule 13D/A filed with the Securities and Exchange Commission on Thursday.
The investors beneficially own 3,247,712 shares of the Lancaster, Pa.-based company.
Herley provides microwave radio frequency and millimeter wave components to defense and commercial customers.
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