Mario Gabelli, one of the world’s wealthiest men, put another $3.4 million into Orthovita Inc. (NSDQ:VITA) and dropped $25 million on American Medical Systems Holdings Inc. (NSDQ:AMMD).
Gamco Investors Inc.
Stock bulletin: Hedge fund billionaire bets big on Orthovita | Funding Roundup
Gabelli maneuvers for last-minute profits from Millipore
No matter how slim the margin, Mario Gabelli isn’t someone to let a potential profit slip away.
Gabelli, the chief investment officer, CEO and founder of Gamco Investors Inc. (NYSE:GBL) and a longtime advocate of value investing, recently put up over $200 million to squeeze out the last bit of profit possible from owning Millipore Corp. (NYSE:MIL) stock.