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Gamco, Gabelli continue to invest in Herley Industries
By Lisa Kerner
Charlotte, N.C., July 3 - Herley Industries, Inc. investors led by Gamco Asset Management, Inc. and Gabelli Funds, LLC increased their ownership interest to 20.79% from 19.74%.
Between June 23 and July 2, Gamco-led investors purchased 141,700 shares of Herley priced from $13.17 to $15.39 each, it was reported in a schedule 13D filed with the Securities and Exchange Commission.
The investors beneficially own approximately 2.8 million 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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