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Gamco, Gabelli make initial investment in Nextest Systems
By Lisa Kerner
Charlotte, N.C., Jan. 14 - Investors led by Gamco Asset Management Inc. and Gabelli Funds, LLC purchased 1,572,561 shares of Nextest Systems Corp. stock for an initial 8.77% stake in the company.
The shares were acquired between Dec. 12, 2007 and Jan. 11, 2008, priced from $19.55 to $19.90 each, according to a schedule 13D filing with the Securities and Exchange Commission.
Nextest designs and manufactures automatic test equipment for flash memory and System-On-Chip semiconductors. The company is located in San Jose, Calif.
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