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Published on 1/24/2008 in the Prospect News Special Situations Daily.

Gamco, Gabelli buy shares of Corning Natural Gas

By Lisa Kerner

Charlotte, N.C., Jan. 24 - Investors led by Gamco Asset Management Inc. and Gabelli Funds, LLC increased their stake in Corning Natural Gas Corp. to 23.47% from 18.45% with the purchase of an additional 77,702 shares of the company's stock.

The shares were purchased on Aug. 30, 2007, according to a schedule 13D filing with the Securities and Exchange Commission.

The investors beneficially own 202,293 shares of the Corning, N.Y., natural gas utility company's outstanding stock.


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