Gabelli fund issues shares
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- March
- 9
Gamco Investors Inc., the money management company run by Mario J. Gabelli, said the Gabelli Global Deal Fund, issued 2.5 million shares, generating $50 million. The shares were issued is conjunction with the underwriters’ overallotment option. The fund’s initial public offering took place Jan. 26 when 18.75 million shares were issued. The initial public offering and the shares issued in connection with the overallotment option generated a combined total of $25 million.
This entry was posted
on Friday, March 9th, 2007 at 7:18 pm by Allan Drury.
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