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Myers Industries shareholder Gamco revises proxy statement
By Lisa Kerner
Charlotte, N.C., April 17 - A group of Myers Industries, Inc. investors led by Gamco Asset Management Inc. revised its March 30 preliminary proxy statement on Thursday. The revised statement states that the investors intend to solicit proxies to elect Edward F. Crawford, Clarence A. Davis, Gary Davis and Avrum Gray to become directors of the company.
According to a schedule 13D/A filed on Friday with the Securities and Exchange Commission, Gamco also recommends that Myers shareholders:
• Ratify the board's appointment of KPMG LLP as the independent registered public accounting firm for the company in 2009;
• Vote against the 2008 Incentive Stock Plan, as amended and restated on March 6; and
• Vote against the approval and adoption of an amendment to the company's code of regulations.
Gamco and its affiliates beneficially own 3,352,875 shares, or 9.51%, of the Akron, Ohio, polymer products manufacturer.
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