Gamco, Gabelli boost stake in Hawk to 7.86%

By Lisa Kerner

Charlotte, N.C., July 10 - Investors led by Gamco Asset Management Inc. and Gabelli Funds, LLC increased their ownership of Hawk Corp. to 7.86%, from 6.80% on June 9, with the purchase of 168,000 additional shares between June 9 and July 9.

The shares were priced from $18.07 to $18.86 each, according to a schedule 13D filing with the Securities and Exchange Commission.

Gamco, Gabelli and their affiliates beneficially own 704,270 shares of the Cleveland friction products manufacturer.

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