Gamco, Gabelli own 9.99% of Ingles Markets

By Lisa Kerner

Charlotte, N.C., Oct. 21 - Ingles Markets, Inc. investors led by Gamco Asset Management Inc. and Gabelli Funds, LLC reported the purchase of 157,424 shares in a schedule 13D/A filed with the Securities and Exchange Commission.

The shares were acquired between Aug. 29 and Oct. 20 at prices from $17.30 to $25.00 each.

Gamco and Gabelli beneficially own 1,249,224 shares, or 9.99%, of the Ashville, N.C.-based supermarket chain's outstanding stock.

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