THE VIRGINIAN-PILOT Copyright (c) 1995, Landmark Communications, Inc. DATE: Thursday, September 7, 1995 TAG: 9509070491 SECTION: BUSINESS PAGE: D1 EDITION: FINAL SOURCE: (Bloomberg Business News) LENGTH: Short : 23 lines
The Gabelli mutual funds have raised their joint stake in International Family Entertainment Inc. of Virginia Beach to 12.6 percent from 11.6 percent of the company's outstanding Class B common shares. Certain Gabelli funds purchased a net of 137,950 shares, according to a filing with the Securities and Exchange Commission. Virginia Beach-based IFE is an entertainment programming and production company whose flagship is The Family Channel. Pat Robertson and his son, Timothy, are the chairman and president, respectively, of the the company. They have voting control of IFE. by CNB