Thomas & Betts investor reports 7.56% stake

By Lisa Kerner

Charlotte, N.C., March 23 - Thomas & Betts Corp. shareholders led by Gamco Asset Management Inc. sold 21,700 shares of the company's stock between Jan. 26 and March 20 at prices from $19.82 to $27.20 each, according to a schedule 13D/A filed with the Securities and Exchange Commission on Monday.

Gamco and its affiliates own 4,031,823 shares, or 7.56%, of the company's outstanding stock.

Thomas & Betts is a Memphis manufacturer of electrical components used in construction, industrial and utility markets.

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