GenCorp investors Gabelli, Gamco increase ownership stake to 10.2%

By Lisa Kerner

Charlotte, N.C., July 22 - GenCorp Inc. investors led by Gabelli Funds, LLC and Gamco Asset Management Inc. lifted their stake in the company to 10.2% with the purchase of a net 370,829 shares between May 21 and July 20.

The shares were priced from $1.92 to $2.43 each, according to a schedule 13D/A filed on Wednesday with the Securities and Exchange Commission.

Gamco and its affiliates beneficially own 5,968,54 shares of the Rancho Cordova, Calif., defense products manufacturer.

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