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Published on 5/29/2009 in the Prospect News Special Situations Daily.

Myers Industries investor Gamco sells shares, reports 9.29% interest

By Lisa Kerner

Charlotte, N.C., May 29 - Myers Industries, Inc. investors led by Gamco Asset Management Inc. sold 59,400 shares of the company's stock between April 23 and May 27 priced from $9.02 to $10.38 each.

The transactions were reported in a schedule 13D/A filed with the Securities and Exchange Commission on Friday.

In April, Myers shareholders re-elected eight members of its board of directors and elected one new member at the company's annual meeting. Gamco's nominees were not elected.

The investor also wanted Myers shareholders to vote against the company's stock plan and an amendment.

Gamco beneficially owns 3,277,475 shares, or 9.29%, of the Akron, Ohio, polymer products manufacturer.


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