Gamco could seek individuals to join boards of numerous public companies

By Lisa Kerner

Charlotte, N.C., Sept. 24 - Gamco Investors, Inc. said it may contact individuals to gauge their interest and qualifications to join the board of directors of public companies.

The investor chose to disclose its activity "en masse" because the result will likely be feedback to companies in which Gamco has a stake, according to a company news release.

Gamco said it may also continue further dialogue with these companies regarding their use of cash flow and corporate governance, including poison pills.

The list of companies that Gamco is reviewing for discussion includes:

• CH Energy Group Holding;

• Pennichuck Corp.;

• Cablevision Systems Corp.;

• Telephone & Data Systems, Inc.;

• Fisher Communications, Inc.;

• Standard Motor Products, Inc.;

• Media General, Inc.;

• Gaylord Entertainment, Inc.;

• Myers Industries, Inc.;

• Alpharma Inc.;

• US Cellular Corp.;

• Sonesta International Hotels Corp.; and

• Trans-Lux Corp.

Gamco, through its subsidiaries, manages private advisory accounts, mutual funds and closed-end funds as well as partnerships and offshore funds. As of June 30, the Rye, N.Y.-based company had approximately $28.3 billion in assets under management.

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