E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 4/23/2009 in the Prospect News Special Situations Daily.

Gamco seeks to elect four to Myers Industries board of directors

By Lisa Kerner

Charlotte, N.C., April 23 - Myers Industries, Inc. investor Gamco Asset Management Inc. will solicit proxies to elect Edward F. Crawford, Clarence A. Davis, Gary Davis and Avrum Gray to become directors of the company.

Gamco has filed a definitive proxy statement with the Securities and Exchange Commission.

According to a schedule 13D/A filed on Thursday with the SEC, 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 3,336,875 shares, or 9.47%, of the Akron, Ohio, polymer products manufacturer.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.