Gamco reports 24.61% stake in SL Industries

By Lisa Kerner

Charlotte, N.C., Sept. 12 - Gamco Asset Management Inc. increased its ownership interest in SL Industries Inc. to 24.61%, from 23.60% on June 9, with the purchase of 40,600 additional shares of the company's stock.

The shares were acquired between July 17 and Sept. 11 at prices from $12.40 to $14.00 each, according to a schedule 13D filing with the Securities and Exchange Commission.

Gamco beneficially owns 1,444,483 shares of the Mt. Laurel, N.J.-based company's outstanding stock.

SL Industries manufactures and markets power electronics, motion control, power protection, power quality electromagnetic products and specialized communication equipment.

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