Matrixx shareholder Gamco sells shares, reduces ownership to 3.94%

By Lisa Kerner

Charlotte, N.C., July 6 - A group of Matrixx Initiatives, Inc. shareholders led by Gamco Asset Management Inc. sold 166,500 shares of the company's stock between June 16 and July 6 priced from $4.69 to $7.33, according to a schedule 13D/A filed on Tuesday with the Securities and Exchange Commission.

The investors beneficially own 371,550 shares, or 3.94%, of the Scottsdale, Ariz.-based health-care products company.

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