Gabelli, Gamco buy more shares of Griffon

By Lisa Kerner

Charlotte, N.C., Oct. 14 - Investors led by Gabelli Funds, LLC and Gamco Asset Management Inc. increased their interest in Griffon Corp. to 13.18% with the purchase of 302,931 shares through a series of buy and sell transactions between Aug. 21 and Oct. 13.

The shares were priced from $6.2778 to $12.3699 each, it was reported in a schedule 13D/A filed with the Securities and Exchange Commission.

Gabelli and Gamco beneficially own approximately 3.97 million shares of the Jericho, N.Y., diversified manufacturing company.

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