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Published on 3/12/2009 in the Prospect News Special Situations Daily.

Gabelli, Gamco sell shares of Griffon

By Angela McDaniels

Tacoma, Wash., March 12 - Griffon Corp. investors led by Gabelli Funds, LLC and Gamco Asset Management Inc. sold 20,729 shares of the company's common stock, leaving them with a 6.64% ownership interest in the company.

The shares were sold between Jan. 15 and March 6 for $5.98 to $8.84 each, according to a schedule 13D/A filing with the Securities and Exchange Commission.

The investors beneficially own 3,934,280 shares of the Jericho, N.Y., diversified manufacturing company.


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