Ferro shareholders led by Gamco buy 248,939 shares

By Lisa Kerner

Charlotte, N.C., Dec. 2 - A group of Ferro Corp. investors led by Gamco Asset Management Inc. reported a 15.08% stake in the company following a series of buy and sell transactions between Oct. 3 and Monday.

According to a schedule 13D/A filed with the Securities and Exchange Commission, Gamco purchased 248,939 shares priced from $5.64 to $19.407 each.

The investors beneficially own 6,594,974 shares of the Cleveland-based company's outstanding shares.

Ferro is a supplier of specialty materials and chemicals for makers of electronics, solar energy, telecom, pharmaceutical, building, automotive and other household and industrial products.

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