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Published on 12/5/2008 in the Prospect News Special Situations Daily.

Sonesta International shareholders led by Gamco lift equity stake to 16.94%

By Lisa Kerner

Charlotte, N.C., Dec. 5 - Investors led by Gamco Asset Management Inc. increased their ownership interest in Sonesta International Hotels Corp. to 16.94% with the purchase of 38,503 shares between Nov. 26 and Dec. 4 at prices from $9.50 to $11.6099 each, it was reported in a schedule 13D/A filed with the Securities and Exchange Commission.

The investors beneficially own 626,303 shares of the Boston hotel company's stock.


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