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DOW 10,000
16-Oct-2009 at 08:58

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12-Oct-2009 at 09:45

19th Annual Graham & Dodd Breakfast
08-Oct-2009 at 14:12

THE LAST TWELVE MONTHS
14-Sep-2009 at 09:24

Wedding Bells
01-Jul-2009 at 14:53

Gabelli, Grantham, Gross & Others Weigh In
04-Jun-2009 at 13:32
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GAMCO Investors, Inc.
One Corporate Center,
Rye, NY 10580-1422
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The GAMCO Blog
March 24, 2009 at 08:53
Pennichuck

Our Clients are major shareholders of Pennichuck.

I read with interest the comments by the city regarding their disagreement with the $203 million value that the Public Utilities Commission had placed on Pennichuck Water Works.

If the city does not want the asset, or is unwilling to pay a fair price, would it continue to interfere with a transaction with another highly regarded water utility in 2002 where the shareholders would have received a higher price (another utility offered $33 per share)?

Why not let the free market decide – or maybe even let the citizens of New Hampshire decide?
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GAMCO Investors, Inc. ("GAMCO") prepared this posting as a matter of general information. We do not intend it to be a complete description of any security or company. All facts and statistics referenced herein are from sources we believe to be reliable, but we do not guarantee their accuracy and it may be incomplete or condensed. GAMCO makes no commitment to update this posting and it may remove it at anytime from its website. This posting is made available free of charge for all persons that may legally view this posting regardless of whether you have a relationship with GAMCO or its affiliates. This posting does not constitute an offer or solicitation to purchase or sell a security nor is it a solicitation of a proxy or a vote. The posting is not a research report. Individuals should consult with a qualified financial professional before making any investment decisions.

Because the portfolio managers at GAMCO and our affiliates make individual investment decisions with respect to the client accounts that they manage, these accounts may have transactions inconsistent with the information contained in this posting. These portfolio managers may know the substance of the posting prior to its posting. GAMCO and its affiliates may receive compensation from the companies referenced herein or may be soliciting any company referenced herein as a client for their services.

  • As of February 28, 2009 GAMCO and its affiliates beneficially own on behalf of their investment advisory clients or otherwise approximately 15.31% of the outstanding equity securities of PENNICHUCK CORP.