Gamco reports 5.6% stake in Radyne

By Lisa Kerner

Charlotte, N.C., May 29 - Radyne Corp. investors led by Gamco Asset Management Inc. bought 962,679 shares of the company's stock between April 14 and May 28 priced from $7.44 to $11.20 each.

The transactions were reported in a schedule 13D filing with the Securities and Exchange Commission.

Gamco and its affiliates beneficially own 1,053,949 shares, or 5.6%, of the Phoenix-based communications products company.

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