Gamco wants Hawk to re-examine poison pill

By Lisa Kerner

Charlotte, N.C., March 19 - Gamco Investors, Inc. asked the board of directors of Hawk Corp. to consider increasing the threshold for ownership of outstanding shares above the 15% limit for shareholders that file schedules 13G/13D with the Securities and Exchange Commission.

The shareholder made the request in a March 19 letter to Hawk included in a schedule 13D/A filed with the SEC.

Gamco beneficially owns 1,130,070 shares, or 13.01%, of the Cleveland friction products manufacturer.

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