Gamco ups stake in Myers Industries to 10.03%

By Lisa Kerner

Charlotte, N.C., Aug. 1 - Myers Industries, Inc. investors led by Gamco Asset Management, Inc. reported owning 3,524,975 shares, or 10.03%, of the company's stock in a schedule 13D filing with the Securities and Exchange Commission.

The investors bought 387,30 shares between July 10 and July 26, priced from $20.45 to $22.26 per share.

On July 6, Gamco said it planned to vote against the proposed $22.50-per-share sale of Myers to private equity funds including GS Capital Partners.

Gamco Asset Management provides investment management services to institutional and high net worth investors. Myers Industries is an Akron, Ohio, manufacturer of polymer products.

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