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Gamco buys more shares of Sonesta International Hotels
By Lisa Kerner
Charlotte, N.C., Nov. 24 - Investors led by Gamco Asset Management Inc. increased their ownership interest in Sonesta International Hotels Corp. to 15.76% with the purchase of 37,700 shares between Nov. 4 and Nov. 21 at prices from $8.16 to $9.88 each, according to a schedule 13D/A filed with the Securities and Exchange Commission.
The investors beneficially own 582,700 shares of the Boston hotel company's stock.
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