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Published on 10/3/2008 in the Prospect News Special Situations Daily.

Gamco, Gabelli own 10% of Hawk

By Lisa Kerner

Charlotte, N.C., Oct. 3 - Investors led by Gamco Asset Management Inc. and Gabelli Funds, LLC increased their ownership of Hawk Corp. to 10.0% from 8.9% with the purchase of 97,550 additional shares between Aug. 29 and Oct. 1.

The shares were priced from $19.1743 to $24.23 each, according to a schedule 13D filing with the Securities and Exchange Commission.

Gamco, Gabelli and their affiliates beneficially own 896,920 shares of the Cleveland friction products manufacturer.


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