Ferro investor Gamco buys 691,150 shares

By Lisa Kerner

Charlotte, N.C., Feb. 9 - A group of Ferro Corp. investors led by Gamco Asset Management Inc. bought a net 691,150 shares of the company's stock through a series of buy and sell transactions between Dec. 9 and Feb. 6.

The shares were priced from $2.9613 to $7.8026 each, according to a schedule 13D/A filed with the Securities and Exchange Commission.

With the purchase, the investors raise their ownership in Ferro to 16.78% from 15.08%.

Gamco beneficially owns 7,338,624 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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