Oct 13 (Reuters) - Associated Capital Group Inc
* Associated capital considers strategic options for investment in GAMCO
* Also evaluating options for 4.4 million share investment in GAMCO investors equal to 15% of class A and class B shares
* Options considered for share investment in GAMCO include exchange offer of GAMCO shares for AC share issuance of mandatory exchangeable note
* Options considered for share investment in GAMCO include a dividend of GAMCO shares to AC shareholders; or, a sale of GAMCO stock Source text for Eikon: Further company coverage:
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