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Sonesta International shareholders led by Gamco buy additional shares for 15.9% stake
By Lisa Kerner
Charlotte, N.C., Nov. 26 - Investors led by Gamco Asset Management Inc. increased their ownership interest in Sonesta International Hotels Corp. to 15.9% with the purchase of 5,500 shares on Nov. 24 and Nov. 25 at prices from $9.4345 to $9.5470 each, it was reported in a schedule 13D/A filed with the Securities and Exchange Commission.
The investors beneficially own 588,200 shares of the Boston hotel company's stock.
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