Decision/Capital Fund Inc said entities associated with Mario Gabelli an arbitrager have acquired 9.98 pct of the shares in a friendly transaction. In a 13D filed with the Securities and Exchange Commission The Gabelli Group Inc of New York said it acquired 200000 shares of the fund in stock exchange transactions on March 25 in the ordinary course of business and not to acquire control of the fund. Decision has said it will seek shareholder approval to convert to an operating company. It also plans to acquire Hopper Soliday and Co Inc a regional stock brokerage.
ARBITRAGER ACQUIRES 9.98 PCT OF DECISION <DCF>