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Gamco-led investors own 6.38% of Ingles Markets
By Lisa Kerner
Charlotte, N.C., Jan. 16 - Ingles Markets, Inc. investors led by Gamco Asset Management Inc. and Gabelli Funds, LLC boosted their ownership of the company's stock to 6.38% from 5.36% with the purchase of an additional 112,500 shares between Nov. 28 and Jan. 14.
The shares were priced from $21.56 to $26.15 each, according to a schedule 13D filing with the Securities and Exchange Commission.
The investors beneficially own 787,900 shares of the Ashville, N.C.-based supermarket chain's outstanding stock.
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