Gamco-led investors buy more shares of Cavalier Homes

By Lisa Kerner

Charlotte, N.C., Feb. 13 - Cavalier Homes, Inc. investors led by Gamco Asset Management Inc. and Gabelli Funds, LLC bought 179,700 shares of the company's stock, according to a schedule 13D filing with the Securities and Exchange Commission.

The shares were acquired following a series of buy and sale transactions between Dec. 10 and Feb. 8, priced from $1.60 to $2.09 per share.

The investors beneficially own 2,834,418 shares or 15.38% of the Addison, Ala., manufactured home company.

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