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Published on 6/23/2008 in the Prospect News Special Situations Daily.

Gabelli, Gamco report 5.25% interest in PepsiAmericas

By Lisa Kerner

Charlotte, N.C., June 23 - Investors led by Gabelli Funds, LLC and Gamco Asset Management Inc. bought 556,030 shares of PepsiAmericas, Inc. for a total stake in the company of 5.25%.

The shares were acquired between April 24 and June 20 priced from $21.12 to $26.03 each, according to a schedule 13D filed with the Securities and Exchange Commission.

Gabelli, Gamco and their affiliates beneficially own approximately 6.69 million shares of the Minneapolis beverage products company.


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