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Gamco-led investors sell shares of Flowserve
By Lisa Kerner
Charlotte, N.C., Oct. 26 - Flowserve Corp. investors led by Gamco Asset Management Inc. and Gabelli Funds LLC sold 608,506 shares of the company's stock between Oct. 1 and Oct. 24 priced from $76.96 to $81.66 each, according to a schedule 13D filing with the Securities and Exchange Commission.
The reporting persons own 3,235,961 shares, or 5.67%, of the Irving, Texas, precision-engineered flow control equipment company.
On Oct. 1, the investors reported a 6.74% stake in Flowserve.
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