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Published on 5/29/2008 in the Prospect News Special Situations Daily.

Gamco, Gabelli up stake in Florida Public Utilities

By Lisa Kerner

Charlotte, N.C., May 29 - Investors led by Gamco Asset Management Inc. and Gabelli Funds, LLC bought 59,500 shares of Florida Public Utilities Co. between April 1 and May 28 priced from $10.79 to $11.90 each.

The investors beneficially own 668,967 shares, or 10.81%, of the West Palm Beach, Fla., gas and electric company, according to a schedule 13D filing with the Securities and Exchange Commission.


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