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Published on 5/24/2007 in the Prospect News Special Situations Daily.

Gabelli, Gamco sell shares of Sequa, maintain 30.37% stake

By Lisa Kerner

Charlotte, N.C., May 24 - Sequa Corp. investors led by Gabelli Funds, LLC and Gamco Asset Management Inc. sold 14,600 shares of the company's stock between March 28 and May 22, priced from $105.18 to $125.20.

The reporting persons beneficially own 996,627 shares, or 30.37%, of the New York-based diversified industrial company.


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