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Published on 9/29/2009 in the Prospect News Special Situations Daily.

Modine shareholders Gamco, Gabelli sell 520,030 shares for 9.23% stake

By Lisa Kerner

Charlotte, N.C., Sept. 29 - A group of investors led by Gamco Asset Management Inc. and Gabelli Funds, LLC sold 520,030 shares of Modine Manufacturing Co. between July 29 and Sept. 28 priced from $7.00 to $9.57 each, according to a schedule 13D/A filed with the Securities and Exchange Commission on Tuesday.

The investors beneficially own 4,154,805 shares, or 9.23%, of Modine's outstanding stock.

Modine is a Racine, Wis.-based makes thermal management products, components and systems.


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